Clean Energy Opportunity Act
The Clean Energy Opportunity Act would have created a Renewable and Efficiency Portfolio Standard requiring utilities in Kentucky to get an increasing share of their electricity from clean, renewable sources and energy efficiency programs. It also would have established a Feed-in Tariff that sets a guaranteed rate for renewable energy producers. The two policies could create 28,000 new Kentucky jobs over the next 10 years.
The House Economic Development Committee also planned to hear about the job potential of clean energy on March 5 and that, too, was cancelled.
A hearing during the legislative interim by one or both of these committees is expected.