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Thursday 12 July 2007

Info Post
Back in May, we started to follow the story about how the Vermont State Senate was planning on starting a "clean energy" fund with $25 million in additional tax money from Vermont Yankee. After Governor Jim Douglas vetoed the legislation, proponents of the tax mounted an effort to override the veto -- an effort that I was unaware was supported by former Vice President Al Gore.

He explained his support on June 14th in the following video address -- one which clearly experienced some technical difficulties:



A "terrific" law, eh? Can someone please explain to me why placing additional taxes on one form of clean electrical generation in order to subsidize another can possibly be "terrific"?

Lucky for the ratepayers of Vermont, the override attempt fell 12 votes short.

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