WON! Portland Clean Energy Fund

The Portland Clean Energy Fund would create a 1-percent business license surcharge on large retail operations with more than $1 billion in previous annual national sales and $500,000 in annual Portland sales. This will raise a pool of resources estimated at $30-35 million annually that will be used to help those who have been excluded from the emerging low-carbon economy and will be invested in the people and communities most impacted by climate change and economic inequities.

Some of these resources would be earmarked for regenerative agriculture and green infrastructure projects that result in sequestration of greenhouse gases and support for sustainable local food production.

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