Thursday, March 12, 2009

McAuliffe reveals business plan for Va.

March 12th, 2009
The Richmond Times-Dispatch
By Tyler Whitley

Democratic gubernatorial candidate Terry McAuliffe said he would emphasize tax incentives to encourage re newable energy.

His "Business Plan for Virginia," announced yesterday at a news conference in Richmond, would establish a $100 million energy-independence revolving loan fund to retrofit homes with energy efficient equipment and take steps to reduce state government's use of fossil fuels. McAuliffe said the economic decline would force him to phase in the loan fund.

The McLean businessman said he wants to make Virginia a destination for clean-energy businesses and researchers.

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