Wind energy has received a favorable report from the Department of Labor, just as Colorado made the list of top 10 states for wind energy production and the General Assembly considers new “green” energy legislation during the final days of the session.
The DOE study shows that renewable electricity standard would reduce fuel prices for all sectors, have a minimal cost impact on power and reduce carbon dioxide emissions immediately.
“This is one more independent study finding that a national renewable standard is a no-regrets down payment policy with immediate benefits,” said Denise Bode, CEO of American Wind Energy Association.
The study analyzed a bill before Congress that would require 25 percent of the U.S. electricity supply to come from renewable generation by 2025.
Colorado is considering legislation to encourage the use of alternative energy. The wind energy association says that the state is eighth in the gigawatt club – one of nine states that have more than 1,000 megawatts of wind-power generating capacity.
Colorado has 1,068 megawatts, just ahead of Kansas with 1,014 megawatts and far below the No. 1 state, Texas, with 7,907 megawatts.
The General Assembly is considering three bills to strengthen the state’s investment:
– House Bill 1126 would provide tax incentives for solar hot water heaters.
– House Bill 1312 would create a “Renewables for Schools” program to provide access to affordable clean-energy with low-interest loans.
– House Bill 1331 would provide tax incentives for consumers who purchase zero emission and low-emission cars that can reach nearly 70 miles per gallon.