The Denver Post reports on Colorado Governor Polis' letter directing state agencies to streamline advanced energy projects amidst federal setbacks. United's Emilie Olson commended the Governor's swift action and commitment to Colorado's clean energy goals, highlighting the importance of strong leadership as the state faces growing energy affordability and reliability challenges.
Colorado Gov. Jared Polis is directing state agencies to prioritize clean energy projects in a bid to make use of tax credits that are now set to expire early under President Donald Trump’s tax bill.
Polis delivered the instruction in a letter Friday. He told reporters his intent was to “get red tape out of the way” so that the state could approve clean energy projects more quickly. His letter specifically calls out projects that qualify for three tax credits that were limited by the sweeping tax and-spend bill passed by Congress and signed into law last month.
The credits have provided tax incentives for homeowners who install clean energy systems like solar panels and for energy producers that use clean technology, including windor solar. The tax bill gave homeowners and producers ashorter runway to make use of them.
Polis also urged utilities and private sector energy producers in the letter to “bring forward the investment, equipment, and workforce to augment our efforts to deploy thisinfrastructure as quickly as possible,” alongside local governments.
“Colorado’s swift response to the devastating impacts of (the federal tax bill) shows true leadership at a critical moment for our economy and clean energy goals,” said Emilie Olson, the Colorado lead of Advanced Energy United, an industry group that advocates for the transition to clean energy.
Polis previously had pledged to shift the state’s clean energy goals to achieve net-zero greenhouse gas emissions by 2050 and to have 100% renewable energy sources by 2040. Lawmakers and Polis’ office
considered enshrining the 2040 target in state law earlier this year, but they ran out of time to introduce legislation to that effect.
Read the full article here.