Gov. Rick Scott approved Adam Putnam's energy proposal Friday by allowing it to become law without his signature.
Not exactly a ringing endorsement.
In a letter usually reserved for vetoes, Scott praised HB 7117 for stripping unnecessary regulation and repealing the renewable portfolio standard mandate.
Echoing tea party concerns voiced loudly this week, Scott said he isn't convinced the biggest part of the bill -- $100 million in tax incentives over five years for renewable energy investments -- will pay off for consumers.
"Absent clear documentation that the proposed tax credits have produced a sufficient return or provided significant cost savings for the state's taxpayers, I will request their repeal," he wrote.
Story to come.
What an intriguing move...Can't wait to hear what's next.
Posted by: Luke | April 14, 2012 at 09:49 AM
It doesn't make any difference that around the world these projects simply suck up tax payer money and produce little to no results....
Govt people just can't resist acting as if they know it all.....
Posted by: George Fuller | April 14, 2012 at 12:49 PM