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Oregon passes one of nation's toughest renewable energy standards
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Contributor | WesternDem |
Last Edited | WesternDem Jun 07, 2007 04:11pm |
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Category | News |
News Date | Thursday, June 7, 2007 10:10:00 PM UTC0:0 |
Description | SALEM, Ore. (AP) -- Oregon Gov. Ted Kulongoski signed into law one of the nation's toughest renewable energy standards Wednesday, requiring large utilities to generate 25 percent of the state's electricity from renewable resources such as wind, sunlight and biomass by 2025.
Supporters said the measure will promote economic growth in Oregon's rural areas and make it a leader in the emerging clean energy, low-carbon marketplace.
"This bill is the most significant environmental legislation we can enact in more than 30 years that will also stimulate billions of dollars in investment," Kulongoski said. "We are protecting our quality of life, reducing greenhouse gas emissions, stimulating our economy - and protecting ratepayers with more stable and predictable utility rates."
The measure requires large electrical utilities to draw 5 percent of their power from renewable resources - other than existing hydroelectric dams - by 2011. The renewable share increases by increments to 25 percent by 2025. |
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