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MA takes renewable energy funds. (News).(Brief Article)

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| April 01, 2003 | COPYRIGHT 2003 BNP Media. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

BOSTON, MA-Massachusetts Governor Mitt Romney on March 5 approved taking $17 million from the state's renewable energy trust fund to help reduce the state's budget deficit, according to the Boston Globe. The governor pledged he would offset the loss by proposing legislation that the state buy at least 10 million of "green power" each year--approximately 10% of the state's power usage--for the next 15 to 20 years.

The $164 million trust fund, funded by a tax on electric bills, was created by the state's 1998 ...

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