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Energy Rebound
Senators dramatically reworked a number of energy bills this week, combining several proposals into a sweeping package that addresses both short and long-term energy concerns. The amended bill includes immediate utility bill rebates for residential customers, funded by the Strategic Energy Investment Fund (SEIF), while advancing policies to fast-track new power plants; limit natural gas infrastructure spending; end subsidies for trash incineration; and reform multiyear rate hikes.
I am deeply troubled by the proposal to allocate $200 million from SEIF to distribute funds to all Marylanders, regardless of need. As quoted in Maryland Matters, “I hate that someone who lives in a huge mansion is going to somehow be getting a hardship payment when they’re not going to need it, notice it or appreciate it,” said Kagan, the vice chair of the committee. |