Today the Missouri Energy Development Association (MEDA) announced it will propose renewable energy legislation during the next session of the Missouri Legislature in January in response to the recent renewable energy initiative petition filed by Renew Missouri. MEDA is also evaluating filing its own renewable energy ballot initiative.
"We are proposing legislation that will preserve Missouri's momentum of investing in renewable energy, while protecting Missourians from rate increases many times greater than what they approved when Prop C was passed in 2008," said Trey Davis, president of MEDA. "The initiative petition filed by Renew Missouri will increase electric rates to fund a government mandate for renewable energy and creates a new tax on Missourians to expand state government, but will largely benefit just a few renewable energy companies."
