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Energy Update, March 21, 2008

In the States

CO The legislature is considering a new bill which would increase the tax on oil and gas companies by 1% and slowly eliminate a property tax credit to funnel money toward education funds. Proposal aims to raise taxes on oil, gas industry - Rocky Mountain News

MD A new amendment in Maryland's bill to cut carbon emissions by 20% by 2025 would require the state's Department of Environmental Protection receive approval from the legislature before moving forward with any plans to reduce carbon emissions. Global warming bill heads to the House - Baltimore Sun

NH The NH House passed the bill that would implement the RGGI in the state. The bill must now go to the senate before the Governor will have a chance to sign it. The governor has said that the bill will help the state's environment and economy. Republicans objected on the grounds that rates may increase and the bill ignores emissions from transportation, homes and businesses. State lawmakers endorse global warming initiativeFosters Daily Democrat

NM The New Mexico House passed a bill (HB1164) 43-21 which would require power suppliers to include solar energy in their long term plans. The bill must now go through the Senate. Solar energy bill passes House - Pueblo Chieftain

TN The Senate is now considering a bill, with support from Governor Bredesen, which would raise the severance tax on coal mined in the state from 20 cents per ton to 4.5% of the coal's gross value. The state expects an extra $7M from the hike, which would be split between local communities and land reclamation efforts. Bredesen, coal industry square off - Chattanooga Times Free Press

VT The Governor signed a new energy bill into law which will provide grants or loans to Vermonters for weatherization projects, tax credits for alternative energy use, net metering, and other efficiency programs. Douglas signs energy policy - Rutland Herald

WA Granholm held a televised town hall in which she discussed alternative energy as being the basis of a new economy for Michigan and insisted that lawmakers - pass the energy bills she endorses in order to make those jobs a reality. At town hall meeting, Granholm pushes alternative energy, jobs - Michigan Daily

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