UCS Calls For 20% National Renewable Energy Portfolio

Union of Concerned Scientists' analysis finds American consumers would save a total of US$4.5 billion on their energy bills from 2002 to 2020 from a 20 percent Renewable Energy standard.

Published: 08-Mar-2002

CAMBRIDGE, Massachusetts 2002-03-07 [SolarAccess.com] America could reap US$80 billion in new, local investment by adopting a national Renewable Energy standard of 20 percent of electricity supply generation by 2020 (called a renewable portfolio standard -- RPS), according to an analysis released by the Union of Concerned Scientists last month. This new capital investment would bring income and jobs to the country’s rural economies.

Today, the United States relies heavily on coal, nuclear power and natural gas to generate its electricity. Renewable Energy sources such as wind, solar, geothermal and bioenergy currently provide a negligible amount of the nation’s electricity.

"America has abundant renewable energy resources that are cleaner, safer and more secure than fossil fuels or nuclear power," said Deborah Donovan, UCS senior analyst. "Diversifying our electricity supplies with renewable energy will help states across the country create homegrown energy that will boost local economic development."

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