In this Dispatch, PSN will examine clean energy options that contribute to a green economy, including evaluating the great strides that energy supply alternatives have created in the states that have enacted policies that promote them. We will explain how states have established Renewable Portfolio Standards and how these have created the demand for innovative investment, as well as how to promote new sources of renewable energy, including creative financial mechanisms,
multi-state agreements, and the upgrade of an electrical grid that will better transmit energy from these intermittent sources. And for states looking for new job creation strategies, one key fact is that the production, installment and maintenance of renewable energy sources create sustainable jobs.
The fundamental challenge in this recession is that the growth that preceded it was a mirage. Bubble era borrowing created a network of financial jobs, real estate jobs and construction jobs that collapsed with the end of the bubble. Many of those jobs will never return.
An extremely high proportion (75%) of job losses in this recession are permanent rather than temporary. States will need to nurture completely new industry sectors and the infrastructure to support those jobs, while the jobless will need retraining in new skills to participate in those sectors.
TRENTON — This morning at 3
a.m. the New Jersey State Assembly passed a wind energy bill, which
would provide $100 million in tax credits for companies manufacturing
components for wind turbines in New Jersey, and a market-based incentive
program for developers of wind farms off of the Jersey coast.
The "Offshore Wind Economic Development Act," is intended to help the
state meet the mandate of its Energy Master Plan, which calls for the
development of 3,000 megawatts of offshore wind by 2020.
After years of states leading the fight to promote clean energy and
reverse climate change and the House passing an energy bill last year,
U.S. Senate leaders have finally introduced climate change legislation,
Power Act (APA). The bill is lengthy and complex with compromises
that many leading environmental groups object to, although other groups have more positive evaluations of the
bill as a flawed, but important step forward.
Amidst a surge of questions on the veracity of climate change, 255
members of the US National Academy of Sciences, which since
1863 has advised the government on scientific and
technological issues, have expressed their disturbance by these recent
“political assaults” and have made it clear: “humans are changing the
climate in ways that threaten our societies and the ecosystems on which