130th MAINE LEGISLATURE
LD 1659 LR 553(02)
An Act To Create the Maine Clean Energy and Sustainability Accelerator
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Energy, Utilities and Technology
Fiscal Note Required: Yes
             
Fiscal Note
Current biennium cost increase - Efficiency Maine Trust
Current biennium revenue increase - Efficiency Maine Trust 
Fiscal Detail and Notes
This bill establishes the Maine Clean Energy and Sustainability Accelerator within the Efficiency Maine Trust (EMT).  EMT is directed to administer the accelerator as a specialized finance program designed to drive private capital into market gaps for goods and services producing low or zero greenhouse gas emissions and use finance tools to mitigate climate change. EMT has indicated that the additional cost to administer the accelerator program will be recovered through fees, interest or other revenue derived from the transactions.