us texas governor renewable energy 110909
On the homepage
Petters
Out There
Vikings
Artcetera
Texas Gov. Perry tells renewable energy industry cap-and-trade bill would hurt state
Print this story
E-mail this story
Save to del.icio.us
Share on Facebook
Share on Digg
Minnesota business by the numbers
See Minnesota's top earning companies, CEOs and non-profits
More from Business
AUSTIN, Texas - Texas Gov. Rick Perry told renewable energy industry officials that a cap-and-trade climate bill in Congress would increase taxes and devastate the state's energy sector.
Perry, contending that the climate bill would mean "economic disaster" in Texas, said the state is encouraging alternative energy sources while improving the environment.
He told the Texas Renewable Energy Industries Association on Monday that the state is achieving those goals through incentives and innovation. He said the federal climate legislation would negate the work the state has done.
Environmentalists see cap-and-trade as the best way to control carbon emissions.
Perry said Texas is a world leader in wind energy production and said progress is being made to spur production of solar, biomass and other alternative energy sources.
Recent Business stories
Freight train hauling coal derails in southwest Houston, no injuries reported - November 9, 2009
Freight train hauling coal derails in southwest Houston, no injuries reported - A freight train carrying coal has derailed in southwest Houston. More
Blog: Patent Pending
Lights out at U energy conference. Irony police notified.
Just as Lawrence Kazmerski, a top official at the National Renewable Energy Laboratory, was about to give the keynote address at the University of Minnesota's annual E3 conference at the RiverCentre in St. Paul, the lights went out, bathing the audience in darkness and a deep sense of irony.
Comment on this story | Be the first to comment | Hide reader comments