Investigators, prompted by audit findings produced by the state Secretary of State’s Office, has turned up potentially millions of dollars in inappropriately awarded tax credits to companies jumping on the green energy race car that has produced many projects throughout Oregon. Some of them were very effective at receiving tax credits and produced worthwhile green energy projects, while others appeared to be just gaming the system. There was steady stream of criticism from the sidelines on many of the projects approved during the Kulongoski and Kitzhaber adminsitrations, but the program remained in high gear none-the-less.
In a report in The Oregonian, the newspaper concludes that there seemed to be an awareness of tax incentive “irregularies” going on for years but nobody stepped in to stop it. Here’s the report. Click here.