$38 Billion in capital spending needed to reach Hawaii's original renewable energy goals

By Duane Shimogawa, Pacific Business News.

It will take upwards of $38 billion in capital spending on renewable-energy and energy efficiency technologies to meet Hawaii’s original clean-energy goals, the head of the state’s Energy Office told PBN.

Mark Glick, administrator of the state Energy Office, credited a third-party analysis prepared for the Hawaii Clean Energy Initiative for that big figure.

He told PBN that now that the state is committed to even higher renewable energy goals, it is imperative that it attracts the investment needed to fund its clean-energy transformation.