Why States Should Adopt A Renewable Portfolio Standard
By: North American Windpower
Some states throughout the U.S. have implemented various policies to encourage renewables and energy efficiency that could be adopted by neighboring states to improve local economies, provide energy security and reduce emissions, according to a new study. In addition, the report says these innovative policies could be particularly valuable as states develop plans to meet the U.S. Environmental Protection Agency's (EPA) pending rules to cut power plant emissions. One effective clean energy policy, the study points out, is a renewable portfolio standard (RPS).
Dubbed "The State Clean Energy Cookbook," the study was created by Stanford University's Steyer-Taylor Center for Energy Policy and Finance and Hoover Institution's Shultz-Stephenson Task Force on Energy Policy. It was led by former U.S. Sen. Jeff Bingaman and former Secretary of State and Treasury George Shultz. Overall, the study analyzes and makes specific recommendations regarding 12 clean energy policies.