- Mon Apr 01, 2019 9:56 am
#115027
https://morningconsult.com/opinions/ren ... -new-deal/" onclick="window.open(this.href);return false;
There has been much talk (although, much of it is negative and misinformed) on The Green New Deal. Here are some informed opinions on the deal.
There has been much talk (although, much of it is negative and misinformed) on The Green New Deal. Here are some informed opinions on the deal.
These factors position the renewable sector for continued dramatic growth. A survey of the nation’s biggest renewable energy investors undertaken last spring by the American Council on Renewable Energy affirms the continuing attractiveness of clean energy investment. Based on the survey results, ACORE last summer launched $1T/2030 — a campaign to promote the investment of a trillion private sector dollars in U.S. renewable energy and the enabling grid technologies between 2018 and 2030, roughly double ACORE’s business-as-usual projection.
America’s renewable energy future — and the $1 trillion investment needed to catalyze it — is realistically achievable through common-sense policies and market steps to accelerate renewable growth. Among the key steps identified in ACORE’s Pathway to $1T are measures to upgrade our antiquated grid, allow for large-scale deployment of energy storage technologies, and create a level playing field in the electricity marketplace that fairly recognizes the value of flexible, pollution-free renewable power. These steps complement ambitious state renewable programs that continue to play a key role in our ongoing transformation to a thriving clean energy economy.
The Green New Deal’s goal of meeting 100 percent of national power demand through renewable sources will be an ambitious undertaking, but the renewable sector has demonstrated it is economically competitive and ready to grow at scale. We can meet the nation’s power needs with a combination of renewable generation, an advanced grid to distribute and store power, and a level playing field.
Our renewable energy future is no longer a question of economics or technology. It is a matter of smart policy and political will.