August 15th, 2011: Power Tagging CEO Speaks at Field Hearing
Field hearing focuses on clean energy
By Michael Davidson
BOULDER – Local business leaders and Boulder officials touted the city’s efforts to cut energy use and discussed how it could serve as a model for the nation Monday morning at a forum attended by some of Colorado’s leading politicians.
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The federal government could help business in two ways, said John LoPorto, president and chief executive of Power Tagging Technologies Inc., a Boulder-based company. First, it can help by working to rationalize the mishmash of current regulations, created in part because each state regulates utilities differently. A strong push from Washington could help states give utilities and industries the flexibility to adopt new technologies.
“We really need federal guidance. We need federal advocacy,” LoPorto said.
A second benefit would be a program providing loan guarantees that will help get promising projects started, he said.