Dive Summary:
- Last week, Colorado Governor John Hickenlooper signed a bill requiring electric cooperatives in the state to get 20% of its power from renewable resources by 2020. But the governor also signed an executive order preventing implementation of the law, according to the Greeley Tribune.
- The governor said the bill represents a vision for the state but is flawed. In turn, the executive order creates an advisory committee to address the cost and feasibility for utilities impacted by the bill.
- The new bill might cost utilities $3 billion to implement.
From the article:
“The bill would have doubled the amount of renewable energy used by the cooperatives. Current law requires the cooperatives use 10 percent renewable energy by 2020.”