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

Reimagining education to solve Oregon's student debt and underemployment problems

News
Thursday, November 13, 2014
carsonstudentdept-thumbBY RYAN CARSON | OP-ED CONTRIBUTOR

How do we skill up our future technology workforce in a smart way to take advantage of these high-paying jobs? The answer shouldn’t focus only on helping people get a bachelor’s degree.


Read more...

The 100 Best Companies survey is open

News
Friday, October 24, 2014

100-best-logo-2015 500pxw-1How does your workplace stack up against competitors? How can you improve workplace practices to help recruit and retain employees? Find out by taking our 100 Best Companies to Work for in Oregon survey!


Read more...

True Blood

October 2014
Thursday, September 25, 2014
BY JOE ROJAS-BURKE

Antibiotics really aren’t magic bullets.


Read more...

100 Best Nonprofits to Work for in Oregon [VIDEO]

News
Thursday, October 02, 2014

Screen shot 2014-10-02 at 11.17.21 AMMore than 5,500 employees from 180 organizations throughout the state participated in the 100 Best Nonprofits to Work for in Oregon project.


Read more...

Knight Vision

October 2014
Thursday, September 25, 2014
BY VIVIAN MCINERNY

Travis Knight wants to release a movie a year. Can he pull it off?


Read more...

Water World

November/December 2014
Wednesday, October 22, 2014
BY KIM MOORE

Fred Ziari aims to feed the global population.


Read more...

The short list: 5 companies making a mint off kale

The Latest
Thursday, November 20, 2014
kale-thumbnailBY OB STAFF

Farmers, grocery stores and food processors cash in on kale.


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