Home Must Reads Oregon taxpayers must bail out renewable energy fund

Oregon taxpayers must bail out renewable energy fund

| Print |  Email
Must Reads
Wednesday, January 18, 2012

Oregon taxpayers will have to bail out a state fund that made bad loans to risky renewable energy projects.

The fund loaned $18 million to a Clatskanie ethanol plant that quickly went bankrupt, $12.1 million to a Linn County solar company crippled by plunging global prices, and $1.4 million to a glitzy central Oregon resort plagued by the real estate crash. 
In all, state officials estimate the Oregon Energy Department's Small Scale Energy Loan Program will cost the Oregon general fund, and taxpayers, as much as $20 million over five years.

Read more at OregonLive.com.

{biztweet}selp{/biztweet}

 

 

More Articles

Back to School

September 2014
Wednesday, August 27, 2014
BY LEE VAN DER VOO

By now we’ve all read the headlines: Starbucks is giving away free degrees. Except it isn’t.


Read more...

Podcast: Testing for Emotional Intelligence with John Hersey

Contributed Blogs
Friday, September 19, 2014
ivbU3sIXBY TOM COX | OB BLOGGER

How can you tell if you, a peer, a subordinate or a job candidate has the emotional intelligence needed to do well?


Read more...

The Rail Baron

October 2014
Thursday, September 25, 2014
BY LINDA BAKER

Oil is gushing out of the U.S. and Canada, and much of it is coming from places that don’t have pipeline infrastructure. So it’s being shipped by rail.


Read more...

A Taste of Heaven

September 2014
Tuesday, August 26, 2014
BY VIVIAN MCINERNY

Craft beer comes to Mount Angel.


Read more...

What I'm Reading

September 2014
Wednesday, August 27, 2014

Kim Ierian, President of Concorde Career Colleges, and Deborah Edward, Executive Director of Business for Culture & the Arts, share their recent reads.


Read more...

Launch

September 2014
Tuesday, August 26, 2014
BY JESSICA RIDGWAY

September's Launch article features Orchid Health, BuddyUp and Inter-Europe Consulting.


Read more...

Powerlist: Law Firms

October 2014
Thursday, September 25, 2014
BY KIM MOORE

A conversation with leading partners at law firms in Portland and eastern Oregon, followed by October's powerlist.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS