Dive Summary:
- Sixteen of the 29 states with renewable portfolio standards are looking for ways to repeal aspects of the legislation thereby downplaying the need for wind and solar power.
- Duke Energy Corp. and Pacific Gas & Electric Corp. help fund lobby groups to reduce renewable standards, the Center for Media and Democracy in Wisconsin reports.
- Some utilities say they’re meeting clean fuel standards through gas which is more affordable than renewable energy. Last year, U.S. investment in clean energy efficiency fell by 54 %.
From the article:
"U.S. investment in renewable power and energy efficiency fell 54 percent last year to $4.5 billion as government support waned, according to data compiled by Bloomberg. The level may slip again this year if states dilute their requirements, which have pushed utilities to contract power from renewable providers and scale-back use of coal- and natural gas-fired generation."
