energy

In spite of what oil and gas companies are saying, a ‘yes’ vote on Amendment 58 won’t mean higher prices at the gas pump. According to a report issued by the Bell Policy Center, an economic research organization in Denver, gas prices are not directly determined by severance tax rates. Amendment 58 seeks to eliminate a tax benefit historically handed to the oil and gas industries in Colorado in order to recoup $300 million per year for schools, transportation and natural resource projects.

State government can lead the way by insisting that all state buildings, whether state-owned or leased, meet the highest standards for energy efficiency. State government should also convert its fleet to alternative fuel and hybrid vehicles as quickly as possible. The Office of Economic Development should also target more of its grant and loan portfolio toward projects that promote renewable energy technologies.

State government can lead the way by insisting that all state buildings, whether state-owned or leased, meet the highest standards for energy efficiency. State government should also convert its fleet to alternative fuel and hybrid vehicles as quickly as possible. The Office of Economic Development should also target more of its grant and loan portfolio toward projects that promote renewable energy technologies.