Renewable Energy Sector Awaits Possible Carbon Cap and National RPS
5/12/2009

Stoel Rives attorney Ed Einowski commented in Renewable Energy World.com on the potential renewable energy impact of a carbon cap and national renewable portfolio standard (RPS). After passing $67 billion in renewable energy funding in the U.S. stimulus package, the U.S. Congress is now considering RPS and carbon cap and trade measures.

"The Obama administration has talked very seriously and made it a part of their essential program to have both a national renewable portfolio standard and also to take some action on carbon," Einowski said. "If both of those things can be done, that would be the thing that would really seal the ability to move forward in the renewables area. We know we have the technology and we know we have the companies that can do it, we've proved that in spades over the last decade."

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"How Wind Energy Financing Models Are Changing" was published by Renewable Energy World.com, May 11, 2009.