Originally published in the Daily Journal of Commerce on December 10, 2012.
Oregon has benefited greatly over the past decade from progressive policies that have driven investment in renewable energy and energy efficiency. In addition to federal policies and incentives, key Oregon policies have included the funding for the Energy Trust of Oregon and Clean Energy Works Oregon on energy efficiency, the renewable portfolio standard (RPS), the pilot feed-in tariff for residential and commercial properties (FIT) the utility scale solar requirements for investor-owned utilities, and, above all, the Residential and Business Energy tax credit programs (RETC and BETC, respectively).
As a result, Oregon has benefited in more than $6 billion invested in these sectors during that time. In addition, Oregon rightly has been named the second best state in the country several years running for policies and investments in the clean energy economy, according to the annual State Clean Energy Index produced by Clean Edge.
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