Friday, April 8, 2011

Idaho Senate rejects 'Green' Subsidy Bill “developed by the industries that will benefit.”

Senator Joe Stegner led the successful opposition to a bill that, “would have given alternative energy developers — including geothermal, digester gas and irrigation-canal hydroelectric projects — a 6 percent break on energy production equipment through 2014. Also, the action affects 18 wind projects in their advanced stages that would have sought to qualify for the tax break, which now expires June 30."

"This has been crafted by people who will enjoy that rebate," Stegner said. "It's not been developed by policy makers with regards to whether it's going to be good policy for the state. It's been developed by the industries that will benefit."

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