Morgan Meguire News

Government Relations, Public Affairs and Communications
Welcome to Morgan Meguire News Sign in | Join | Help
in Search

NEPPA

APPA Comments to Treasury on CREB Program

In a January 4 letter to the Department of Treasury, APPA's Alan Richardson made several recommendations for changes in the administration of the Clean Renewable Energy Bond (CREB) program.  First among them is making the list of recipients public to allow APPA to "analyze the results of the allocation process and to advise policy makers regarding the future direction of the program."

Saying that the program has not met initial expectations or those of its Congressional sponsors, the letter states that by funding projects by dollar amount, from the lowest to the highest, public power systems received a relatively small portion of the allocations.  Moreover, the letter notes that the allocations were made to governmental entities developing small, dispersed solar projects.  "Such awards breed inefficiency and threaten the ability to create a market attractive to investors," APPA said.

Published Wednesday, January 17, 2007 11:24 AM by Staff

Comment Notification

If you would like to receive an email when updates are made to this post, please register here

Subscribe to this post's comments using RSS

Comments

No Comments

Leave a Comment

(required) 
(optional)
(required) 
Submit

Weeklies

Powered by Community Server, by Telligent Systems