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Podcast: Cascade CounterPoint
Episode: QP: This Green Fund Doesn't Deserve a Green Light
Description: Full Text: Have you heard of the Portland Clean Energy Fund? Portlanders voted to pass the program four years ago. It gives funding to nonprofits for all things green—including green energy projects, energy-efficient infrastructure, and jobs in the green energy industry. Program expenses this year amount to about $118 million in tax revenue, or about $425 for every Portland household.
During a hearing last week, a program committee member called the price tag a “drop in the bucket.” But it was clear City Council knew it was a lot of money. This late in the game, they worried when th...