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Lawmakers urged not to raid Renewable Energy Fund; permitting changes draw scrutiny
Summary
A coalition of energy and conservation speakers warned House Finance members that transferring $10 million from the Renewable Energy Fund would break public trust and harm state clean‑energy investments; separate permitting streamlining proposals drew caution about unintended environmental and administrative consequences.
Energy and conservation stakeholders told the House Finance Committee that the Renewable Energy Fund (REF) — financed by alternative compliance payments collected under the state's Renewable Portfolio Standard (RPS) — should not be swept into the general fund.
Representative Wendy Thomas outlined how the REF collects Alternative Compliance Payments (ACPs) from electricity suppliers that fail to procure renewable…
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