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Vermont Residents Push To Renew Critical Solar Fund | Solar Energy USA Blog Archive

Vermont Residents Push To Renew Critical Solar Fund

Posted on Sunday, February 19th, 2012 at 7:10 pm by Solar Energy USA

Vermont Solar Energy

Some of Vermont’s renewable energy subsidies could be diminished by years end.  The Clean Energy Development Fund was introduced to support solar, wind, methane digester, biomass, geothermal and hydroelectricity projects during their initial phases and is credited with growing a strong network of renewable energy businesses in Vermont.  Lawmakers are looking for new ways to raise money for the fund including possibly taxing the Vermont Yankee nuclear power plant. Rep. Tony Klein, chairman of the House Natural Resources and Energy Committee, thinks more support should be given for renewable sources of power like the wind and solar energy industries. “They are a real powerful industry that is helping to have a positive impact on the most important problem facing the state, the country and the world, and that is reducing greenhouse emissions.” Ben Walsh, clean energy advocate for the Vermont Public Interest Research Group, said the group would support increasing taxes on Yankee, which paid $2.9 million into the general fund and $2.1 million into the education fund in 2010. Many solar energy advocates cite the lack of nuclear waste repositories as a main reason nuclear energy cannot sustain over the long term. The last proposed development for nuclear waste, Yucca Mountain, was cancelled in 2009.