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130th MAINE LEGISLATURE |
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LD 1659 |
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LR 553(02) |
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An Act To Create
the Maine Clean Energy and Sustainability Accelerator |
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Fiscal Note for
Bill as Amended by Committee Amendment " " |
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Committee: Energy, Utilities and Technology |
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Fiscal Note Required: Yes |
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| Fiscal Note |
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Current biennium cost increase - Efficiency Maine Trust
Current biennium revenue increase - Efficiency Maine Trust |
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| Fiscal Detail
and Notes |
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This bill
establishes the Maine Clean Energy and Sustainability Accelerator within the
Efficiency Maine Trust (EMT). EMT is
directed to administer the accelerator as a specialized finance program
designed to drive private capital into market gaps for goods and services
producing low or zero greenhouse gas emissions and use finance tools to
mitigate climate change. EMT has indicated that the additional cost to
administer the accelerator program will be recovered through fees, interest
or other revenue derived from the transactions. |
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