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Jun 13, 2009

GREEN will cost California $115 billion???

Posted by: Peter Henderson (Reuters)

Yikes. Seems it ain't easy, or at least ain't cheap, being green.

It will cost California some $115 billion for (pretty much) hitting 33 percent renewable energy by 2020. That's more than twice the price tag of sticking with a goal of 20 percent. The difference, according to a long-delayed report issued today by the state's Public Utilities Commission is due to the speed of building fast. There are all sorts of other problems outlined in exquisite detail. It's all quite handy for those trying to get a sense of just what needs to be done to go green. A lot, it seems.

When Kennedy announced the moon shot, was there this type of gnashing of teeth? Maybe no one ran the numbers ahead of time!

Read more from - It's Not Easy Being Green by Mike Segar/Reuters


"Sustainable & Renewable Energy - California, You're doing it wrong!"
How much is California in Debt? ALL renewable energy projects should generate 'sustainable revenue to BE sustainable'. In today's environment of massive subsidizes and the 1000's of renewable energy sources California has, this profit from renewable energy programs should be enormous. How its projected to 'cost' anyone long or short term is a epic FAIL. - Haase