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Let it blowWind power: a core climate solutionPosted by Joseph Romm (Guest Contributor) at 5:35 PM on 18 May 2008
The stunning new Bush administration report, 20% Wind Energy by 2030 (discussed here), convinced me it was time to write a long piece, which has just been published in Salon. The article -- "Winds of change: The U.S. can greatly boost clean wind power for 2 cents a day. Now all we need is a president who won't blow the chance" -- explains the more than 2,000-year history of wind power, how conservatives cost America the chance to be the world wind leader, and why the global industry is so successful in spite of our government's relative apathy: From 2000 to 2007, the industry increased fivefold in size. Last year, $36 billion in wind investments were made around the world, with $9 billion invested in U.S.-based projects. In 10 years, it is expected to nearly quadruple in size. Surprisingly, the top state for wind farms is no longer California, as of 2006: By the end of 2007, [Texas] had installed 4.4 GW compared to California with 2.4 GW. By the end of March, Texas had 5.3 GW. Again, this has been driven by the wind tax credit and a strong state mandate. A year ago, the Texas Public Utility Commission approved transmission lines that could deliver up to 25 GW of wind by 2012 ... The recent Bush administration report doesn't explain how to get to 20% wind power by 2030, mainly because they don't like any of the answers, but it is kind of obvious: We mostly need a cap and trade system that results in a significant price for carbon. While waiting, we should extend the production tax credit for at least five years (until it is permanently sunsetted) to give the industry some consistency. At that point, a 20 percent (or higher) national renewable electricity standard for utilities would become the key policy support, at least until carbon was significantly more than, say, $50 a ton. Fortunately, the next election will allow us to replace Bush with someone who supports all of those policies. Hint: It's not the Francophile who wants to spend trillions making nuclear power 80% of our power. Related Posts:
This post was created for ClimateProgress.org, a project of the Center for American Progress Action Fund.
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