Today is Sunday, 17th November 2024

NH: Move could Push towards Cleaner Power

From Nashuatelegraph:

Starting next year, ratepayers could be paying for potentially cleaner forms of energy due to the decision of New Hampshire lawmakers to join a 10-state regional effort to cut greenhouse gases.

The House of Representatives embraced Wednesday a compromise bill (HB 1434) for the state to join the Regional Greenhouse Gas Initiative along with all other New England states, New York, New Jersey, Delaware and Maryland.

Supporters say the plan would encourage electric utility companies to invest in cleaner forms of energy that will be cheaper and better for the environment over time.

The efficiency projects would also lower energy consumption, they said.
Gov. John Lynch said he would sign this bill that gives power plant owners up to three years to buy allowances if they are unable to reduce enough carbon dioxide emissions on their own.

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