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Source : Solveclimate.com
White House, Job Creation Keys to a Stronger Renewable Energy Standard
During the presidential campaign, Barack Obama advocated for a renewable electricity standard that would require utilities to obtain 25% of their power from renewable resources by 2025. By the time the climate bill got through the U.S. House, though, the RES had been watered down to 20% by 2020, with loopholes allowing states to get away with as little as 12%, and even less if they can make carbon capture technology work. Several independent analyses and the EPA have concluded that such a tepid law would spur about as much growth in renewable energy as no federal law at all. Now, the climate ball is in the Senate’s court, and industry, environmental and trade groups are digging in in an attempt to resuscitate the RES to its full potential as a force that can shift the energy industry's focus from coal to wind, solar and other renewable sources. read more
less than 423 day(s) - Tuesday July,07 2009 @ 05:18 PM
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