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Governor Backs Formation of Clean Energy Fund

April 8, 2007

Governor Ritter outlined three initiatives for his office at the Colorado New Energy Summit on March 24. The summit took place at the Colorado Convention Center in downtown Denver, and was attended by more than 1,000 renewable energy supporters.

The first initiative involves creating a clean energy fund using $10 million in gaming fees. The fund will provide rebates to homeowners and businesses that invest in distributed renewable energy systems. The second involves creation of a climate change coordinator for his office to develop a climate change plan for Colorado. Finally, Ritter will begin a green government program to reduce energy and paper consumption at state agencies.

U.S. Senator Ken Salazar hosted the second annual summit, which was attended by a long and bipartisan list of Colorado political leaders.

Robert MacFarlane, national security advisor to President Ronald Reagan, gave the keynote speech, where he stressed the national security implications of continued and growing U.S. dependence on Mideast oil. He noted that a truck loaded with explosives came within 100 yards of taking out a Saudi oil terminal that handles 6 million barrels of oil a day. He estimates that if the attack had succeeded, the cost of oil would have risen above $150 per barrel. MacFarlane called for incentives to U.S. automakers to use carbon fiber in automobile body assembly to improve safety and fuel economy. He also called for incentives for consumer to purchase plug-in hybrid-electric cars.

For more about MacFarlane’s talk, see an article in the March 23 edition of the Denver Post titled
“Ex-Reagan Aide to Speak at Green Energy Summit.”
http://www.denverpost.com/ci_5500015

 

 
 
 

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