Vermont Senate Bill #5 is the most significant government regulation of heating fuel ever contemplated.
The policy is an attempt to compel energy businesses to sell fuel and install equipment that lowers greenhouse gas emissions in the thermal sector. This "Clean Heat Standard" would provide "credits" to any company that can demonstrate that their product or service reduces emissions. It will require local fuel dealers to buy those credits if they don't sell their customers equipment and fuel that reduces greenhouse gas emissions. It will cost Vermonters more than $2 BILLION to meet the mandates of the Global Warming Solutions Act in just the thermal sector. Senate Bill #5 is expected to add to add at least 70-cents to a gallon of heating oil, propane and kerosene.
Read the legislation HERE.
Contact the House Environment and Energy Committee Click here.
Click here to see which state Senator voted YES and here for who voted NO.
Watch the testimony from small business advocate Matt Cota HERE, read it HERE.
Watch Matt Cota on WPTZ's "In Depth" and listen to his interview on WVMT radio HERE