Editorial: Green Energy Loan Program Betrays Its Promise

posted in: 2015, Energy, March 2015 | 0

When cooking up its Green Energy Market Securitization (GEMS) program, the Department of Business, Economic Development, and Tourism seems to have followed the recipe for growing mushrooms.

You know the one: keep them in the dark and feed them …

The Legislature authorized the program in 2013, with passage of Senate Bill 1087. As Act 211, it was supposed to make rooftop solar and other energy-saving technologies available to sectors of the public otherwise unable to afford them.

So, two years later, and with DBEDT apparently poised to roll out the first stage of GEMS, it is not too soon . . .

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