Renewable Energy Update - November 16, 2010

In this issue: Moving Renewables Beyond Cap and Trade; RENEWABLE ENERGY FOCUS: EPA issues carbon guidance to help states enforce rules; Interest in Los Angeles CleanTech Corridor Revived with CRA RFP; FERC moves ahead with campaign to promote energy efficiency and renewable energy; CalPERS to invest $500 million in green portfolio; Outlook for clean energy jobs in the U.S. beating the trend; The energy dilemma: cheap or clean; Salazar approves billion-dollar solar thermal plant in California; CEC staff still opposed to solar project; Getting solar policy right in California; Mid-term election results positive for geothermal energy; Notable Renewable Energy Projects and Deals: SDG&E adds more Imperial Valley renewable energy to portfolio; Sempra Generation receives approval to build Southern California solar plant; DTE to convert California coal plant to biomass fuel; and Fuel cell to turn California sewage gas into renewable energy.

Moving Renewables Beyond Cap and Trade

Although a major push to pass a Renewable Energy Standard or a Cap and Trade program is unlikely this year, that doesn’t preclude greener energy. A new report from the Clean Energy Group (CEG) highlights steps that can be taken to maximize existing federal policies toward renewables. Report author and CEG president Lewis Milford calls it “Clean Energy Pragmatism.” Lewis outlines five key short-term strategies that could have a substantial impact on the industry without having to wait for sweeping legislation.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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