In this issue:

Pew Report says renewable energy policy would generate $342 billion for US; Renewable Energy Focus: Senate extends cash grant program for renewable energy programs; Government agencies collaborate on renewable energy export initiative; EPA emissions rules target biomass projects; Chu asks Congress to include nuclear power in clean energy mandate; Report offers positive forecast on California cap-and-trade system; California to miss 20% renewable energy goal by narrow margin; California tops list of clean-energy states; Construction begins on $1.9B San Diego transmission line; CPUC dismisses request to investigate safety of new smart meters; California EPA group to award small businesses for environmentally friendly practices; Notable Renewable Energy Projects and Deals: Solar companies race to beat federal incentives deadline in Tulare County, SolarReserve moves closer to breaking ground on California, Nevada projects, California's largest solar project opens in San Francisco, and NextEra to replace, decommission out-of-date turbines at California wind farm.

Pew Report says renewable energy policy would generate $342 billion for US

Renewable energy standard legislation would earn billions of dollars for the U.S. economy, says a report on the future of global clean energy policy from the Pew Environment Group. The study claims the U.S. would outperform all other countries, claiming $342 billion of the projected $2.3 trillion they expect to be generated by clean energy by 2020. The study suggests that such gains are possible if the U.S. adopts an aggressive stance towards renewable energy soon.