Legislature considers green energy subsidy fund

BISMARCK, N.D. (GPN) _ North Dakota energy producers want to set up a new fund to promote renewable energy – and increase spending on oil research.

The North Dakota Senate’s Natural Resources Committee is reviewing two bills on Thursday that promote energy research.

One proposal would raise spending on oil and gas research from $4 million to $10 million every two years.

The second would establish a new “renewable energy development fund.” It would get a maximum of $3 million every two years.