Project requires that 40% of Nevada's electricity come from clean energy sources by 2030

Adelson joins casinos fight against clean-energy bill

The casino mogul- owner of Las Vegas Sands Corp- and much of the rest of the industry are opposing a bill sitting on Republican Governor Brian Sandoval’s desk that would increase the generation of renewable energy in the state.
2017-06-14
Reading time 42 seg
The casino mogul- owner of Las Vegas Sands Corp- and much of the rest of the industry are opposing a bill sitting on Republican Governor Brian Sandoval’s desk that would increase the generation of renewable energy in the state.

According to the information published by Bloomberg, The Nevada Resort Association and Sands -which say they support clean power- called the mandate premature because the state was starting to deregulate its electricity market through a November ballot measure.

That plan, which casinos including Adelson’s Sands supported, would ultimately give customers the chance to choose their provider, including those focused on renewable energy. The resort association said it also feared the mandate’s impact on energy prices.

Proponents of the measure, including casino owner MGM Resorts International, online auctioneer EBay Inc. and data center provider Switch Ltd. say cost concerns are unwarranted given the rapidly falling price of wind and solar energy.

“We have one of the best solar environments in the world and the cost of wind is at an all-time low,” said Nevada Assemblyman Chris Brooks, the sponsor of the renewable standards bill.

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