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National Energy Standard Bill Surfaces in DC

September 23, 2010

California Legislature Fails to Pass 33% Renewable Portfolio Standard
by Jason A. Johns
Stoel Rives LLP
NW Law Firm

Sens. Jeff Bingaman (D-NM) and Sam Brownback (R-KS), with Sens. Byron Dorgan (D-ND), Susan Collins (R-ME), Tom Udall (D-NM), Mark Udall (D-CO) and others joining, announced today that they will introduce a stand-alone Renewable Electricity Standard (RES) bill.  The bill will require sellers of electricity to obtain the following milestones in adding renewable energy resources or energy efficiency:

2012-2013 – 3%
2014-2015 – 6%
2017-2018 – 9%
2019-2020 – 12%
2021 – 2039 -15%

Renewable resources that can be used toward compliance will include wind, solar, ocean, geothermal, biomass, landfill gas, incremental hydropower, hydrokinetic, new hydropower at existing dams, and waste-to-energy.  For utilities that are unable to meet their RES targets, the bill proposes to charge a compliance payment at a rate of 2.1 cents per kilowatt hour, with such amounts then being used for renewable energy development or to offset consumers’ bills.

A first step, yes.  But a small one.

Follow the link to learn more:

energy.senate.gov/public/index.cfm

  
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Discuss this article

bob Reid September 22, 2010

Why leave out nuclear?

Bob Clark September 23, 2010

If we want a secular economic recovery we should open the Alaskan National Wildlife Refuge to oil drilling. This one move would add 20 percent to our domestic oil production in a very low cost way (bringing in new tax dollars with it), lowering our trade imbalance by decreasing foreign oil imports and helping thereby boost the international value of the dollar. Instead these clowns in Congress want to heavily subsidize these marginal energy supply sources which will only make a dent in replacing lost coal power generation. I don’t know anybody who regularly or even once vacationed in the Alaskan National Wildlife Refuge. Alaskans, even some native tribes, are screaming for more oil drilling. We want to work, and not just subsist.

Larry Friend September 23, 2010

BS.

What is wrong with you who agree with this BS? Government NEVER is or has the answer. Government is the problem. Let the free market prevail.

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