Recent

% | $
Quotes you view appear here for quick access.

Exxon Mobil Corporation Message Board

  • bluecheese4u bluecheese4u May 4, 2013 2:26 PM Flag

    CONNECTICUT SENATE VOTES FOR RENEWABLE ENERGY REFORM BILL WILL PROVIDE FOR CHEAPER, CLEANER, MORE RELIABLE ELECTRICITY

    05/02/2013
    By States News Service

    The following information was released by the Connecticut General Assembly, Senate Democrats:

    Renewable energy reform legislation passed the Connecticut State Senate on Wednesday afternoon that will help the state continue to meet its world-leading renewable energy goals while also taking innovative steps to reduce the cost of electricity across the board.

    State Senator Bob Duff (D-Norwalk), Senate Chair of the Energy and Technology Committee, led passage of the legislation, saying that it addresses the states urgent economic need to lower overall electric rates, while also deriving more power from renewable sources.

    Connecticut has made one of the most substantial commitments to renewable energy in the country, even the world. With this bill, we are reaffirming that commitment, but carrying it out in a more affordable way, said Senator Duff. Connecticut has some of the highest electricity costs in the country. Bringing those costs down is important for our economy, our households and businesses. At the same time, we must make real progress on renewable energy. I believe this bill strikes the appropriate balance to achieve both.

    For years, weve known that Connecticut has been forced to buy some less desirable, out of state energy resources in order to meet our States bold and admirable renewable energy goals, said Rep. Lonnie Reed (D-Branford), House Chair of the Energy and Technology Committee. We had two choices to correct the situation. Either diminish our goals or replace dirtier renewable generation like Maine biomass with clean options. This bill does that and protects the integrity of our whole renewables program. Hopefully, it will help lead to more affordable energy as well.

    Effective immediately, the bill permits the Commissioner of the Department of Energy and

    power-engDOTcom/news/2013/05/02/connecticut-senate-votes-for-renewable-energy-reform-bill-will-provide-for-cheaper-cleaner-more-reli.html

 
XOM
87.28+0.04(+0.05%)11:41 AMEDT