And big surprise, Mike Hager is leading the charge:
The Renewable Energy and Energy Efficiency Portfolio Standard, called REPS, was the first in the Southeast when lawmakers adopted it in 2007. The law says utilities have to generate increasing amounts of energy from the sun, wind and organic wastes, or from energy efficiency. It set an ultimate green-energy target of 12.5 percent of retail sales by 2021.
A bill sponsored by two chairs of the House Public Utilities committee and Majority Leader Mike Hager cuts that target by half. It makes the final target 6 percent, this year’s benchmark, and ends the mandate in 2018.
Most of you are probably aware of what our Renewable Energy Portfolio Standard is and what it does, but for those who aren't, I talked about this on our radio program five years ago (about the 18 minute mark). The program was already working well back then, but I wouldn't have dreamed it could be where it is today. In a time when most government programs fall well short of their original goals, to tear down one of the few that actually works the way it's supposed to is just plain stupid. And so is smothering this kind of needed rural revenue: