Records show BETC costs · 9 April 09
Nice story by Christian Gaston in the Portland Tribune today outlining the cost of business energy tax credits in Oregon. Gaston uses records of tax credit sales to show how the credits for so-called “green” projects cost Oregon more than it would to just fund energy projects outright. The story illustrates how a handful of private companies – including banks – are benefiting by buying the credits. Projections predict the credits could cost Oregon a whopping $143 million over the next two years.
Lee van der Voo