News
Dec 15, 2008California: 33% RPS by 2020
California has signed into law a 33% RPS by 2020. This is crucial news for geothermal and renewable energy producers.
Governor Schwarzenegger’s been keeping busy on California’s big-ticket environmental issues. Yesterday the Governor’s office issued Executive Order S-14-08, with the laudable goal of accelerating the development of renewable energy resources
Executive Order S-14-08 calls for California to get 33% of our electric energy from renewable sources by 2020. The current Renewable Portfolio Standard (RPS), instituted in SB 107 in 2006, requires that 20% of California’s power come from renewable sources by 2010. Unlike the current RPS, the Governor’s new target applies to both investor-owned utilities and public utilities.
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