South Dakota House Approves Renewable Energy Credit Trading System

Energy producers then can sell the credits to utilities or companies that need the credits to comply with regulations requiring that a certain amount of their power comes from renewable sources.

Published: 21-Jan-2006

The state House of Representatives has passed a measure that would allow South Dakota to join a regional group that will supervise the trading of credits for electricity generated by wind and other renewable energy sources.

The House voted 68-0 on Thursday to pass the measure, which was suggested by the state Public Utilities Commission.

HB1016, which next goes to the Senate, would allow South Dakota to take part in the Midwest Renewable Energy Tracking System. A similar measure was rejected by lawmakers last year.



blog comments powered by Disqus