With his decision to veto an increase to Maryland’s Renewable Portfolio Standard, the Governor has missed an opportunity to drive in-state private investment and economic growth.
For Immediate Release – May 28, 2016
Washington, D.C. – In response to Maryland Governor Larry Hogan’s decision to veto Senate Bill 921 – Clean Energy Jobs – Renewable Energy Portfolio Standard Revisions, the President and CEO of the American Council on Renewable Energy (ACORE), Gregory Wetstone, issued the following statement:
“With this veto, the Governor is turning his back on billions of dollars in new, private sector investment for Maryland. What’s more, national data shows that the states with higher levels of renewable energy actually have lower, rather than higher, electricity prices. Fortunately, we are optimistic that the General Assembly will correct this mistake with a bipartisan override vote early next year.”