Saturday, February 9, 2008

Regulation piled upon regulation

For the third year in a row, the NH legislature will discuss allowing Public Service of New Hampshire (PSNH) to build a wood fired electric plant. Under a green initiative from our new Democratic governor, electric companies are required to get 25% of their electricity from renewable sources. PSNH is attempting to meet this requirement (wood IS renewable) but the state government won't approve building the plant. Talk about catch 22. With one hand the State government giveth green power and with the other hand taketh it away.

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