Eugene voters approve Measure 20-388 to establish clean energy fund
- Reports
- 2
- Developments
- 1
- Repetition
- 50%
New informationRepeats or wire copies
What happened
Eugene voters supported Measure 20-388, which establishes the Eugene Clean Energy Fund. Initial results showed more than 57% of voters backing the measure. The fund will charge certain large businesses a 2% fee to finance city climate and energy projects.
From kval.com
Why it matters
The fee applies to businesses with more than $1 billion in national gross profits and over $500,000 in gross profits in Eugene. The revenue is designated for renewable energy programs, clean-energy job training, and green infrastructure in Eugene.
From kval.com
Who's involved
- Eugene Water & Electric BoardA board member of Eugene Water & Electric Board supported the measure.
- EugeneThe city of Eugene, where the clean energy fund will operate.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Eugene Water & Electric BoardSpeculative
Eugene Water & Electric Board might receive funding for clean energy and green infrastructure projects.
- EugeneSpeculative
Eugene might see new dedicated financial backing for city infrastructure and energy projects.
- Oregon Department of EnergySpeculative
Oregon Department of Energy may see its state clean energy policy scope expanded by the local fund.
Possible ripples
Who this could reach next, traced step by step from the reporting. Possibilities worth considering, not forecasts.- Clean energy fund may boost resilience against Cascadia subduction zoneThe Clean Energy Fund may improve community resilience against the Cascadia subduction zonePossible
- Eugene clean energy fund may expand state policy scopeThe Eugene Clean Energy Fund may expand the scope of state clean energy policyPossible
Keep exploring
The entities involved
-
Eugene Water & Electric Board
water and electric utility operating in Eugene, Oregon, United States
Nothing else this week.