$1 BILLION CLEAN ENERGY AND CLIMATE ACTION FUND (S 2829)

By Bob Katzen

The Senate 1-38, rejected an amendment that would create a $1 billion Clean Energy and Climate Action Fund to be administered by the Massachusetts Clean Energy Technology Center, which would distribute funds to efficient retrofits and upgrades that fit into the state’s commitment to reducing emissions from the built environment.

“I am extremely disappointed that this amendment was rejected as part of this bill,” said amendment sponsor Sen. Mark Pacheco (D-Taunton). “The transition to clean energy will require a significant investment, and this investment is currently one of the biggest barriers to the transition to clean energy. The cost of this fund pales in comparison to the costs the Commonwealth will incur if the transition to clean energy is not expedited.”

Amendment opponents said the $1 billion would come from the Rainy Day Fund which, because of lower tax revenue, has not been as flush with money as the Senate thought it would be.

Sen. Mike Barrett (D-Lexington), a lead sponsor of the bill, did not respond to repeated requests by Beacon Hill Roll Call to comment on his opposition to this amendment.

(A “Yes” vote is for the amendment. A “No” vote is against it.)

Sen. Patricia Jehlen No

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