Welch talks about renewable energy financingApril 02,2013
BURLINGTON ó Congressman Peter Welch has announced legislation that he says will make it easier to pay for renewable energy projects in Vermont and around the country.
He says the proposal would expand a financing tool used by the energy sector called master limited partnerships to renewable energy projects.
Currently, those projects are not eligible for that business structure, which is taxed as a partnership but is traded like a corporate stock.
Welch said Monday that expanding MLP financing to renewable energy projects would be a boost to the industry and for a cleaner energy future.
He talked about the proposal Monday at a discussion with Vermont renewable energy companies at AllEarth Renewables in Williston.MORE IN This Just InWASHINGTON ó Two senior Islamic State group leaders were killed in U.S. Full StoryVATICAN CITY ó Pope Francis rightly got credit for helping bring the U.S. Full StoryMAIDUGURI, Nigeria ó Islamic extremists killed 35 people and kidnapped at least 185 in an attack... Full Story
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