It took a day or so for the smoke to clear on the House version of the budget -– and once it did, the energy and environment community was aghast.
Funding for the Clean Energy Finance and Investment Authority –- the state’s first-in-the-nation green bank — had been commandeered for general revenue. More than 20 percent was redirected in fiscal year 2014 and nearly all of it the following year.
“It’s a total disaster,” said Roger Smith of Clean Water Action. “This is the worst legislative session for energy I’ve seen in the last decade.” Read more…