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Jun 20, 2009

33% Renewables... California Just Dreaming

Wall Street Journal
Clean-energy advocates are up in arms about the watered-down renewable-energy mandates that survived Waxman-Markey climate bill horse-trading to date, arguing they'll fall short of promoting a massive deployment of new clean energy.
In a nutshell: On paper, California could meet its targets, provided it can afford and build $12 billion in new transmission lines and higher electricity costs. In reality, the state probably won't make the target... though meeting the renewable-energy targets will raise California electricity prices a further 10% by 2020.