Las Vegas Sun

February 12, 2012

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Sun editorial:

Cleaning up the environment

Nevada Legislature should take aggressive action to lure renewable energy companies

Thursday, March 12, 2009 | 2:06 a.m.

With Congress and President Barack Obama supporting the development of clean-burning renewable energy resources in a bid to reduce global warming, Nevada is blessed to have an abundance of solar, wind and geothermal options.

One way to lure potential developers of renewable energy to Nevada is for the state to offer tax incentives. But state lawmakers should not get discouraged about the number of jobs created by the industry in Nevada as the result of incentives that have been handed out.

As reported Tuesday by David McGrath Schwartz in the Las Vegas Sun, Nevada has issued $45 million in tax abatements but has received promises of only 89 permanent jobs. Those numbers have caused some lawmakers to question whether taxpayers are getting value from the incentives.

But the Nevada Legislature should look beyond those numbers by recognizing that renewable energy development is a relatively young industry that has produced intense competition among the states. That is why legislators should draft an aggressive plan to attract such development as they debate renewing the 2005 law that established the tax abatements. Lawmakers should research what other states are doing to determine how Nevada can do better.

Legislators also should heed the advice of Sen. Randolph Townsend, R-Reno, who told the Sun the state should focus on attracting companies that manufacture solar panels and can work with Nevada’s colleges and universities on research and development of new technologies. Manufacturing would certainly increase the number of permanent jobs tied to renewable energy and could give Nevada a cluster of companies to help elevate its renewable energy profile.

The research activity would also raise Nevada’s profile as an innovator in solar and other alternative energy fields. But lawmakers must be willing to make an increased investment in higher education, which means they need to fight the draconian budget cuts proposed by Gov. Jim Gibbons.

By investing in renewable energy through competitive incentives, Nevada can avoid being left behind in a world whose future rests with clean-burning power.

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