28 Jul '11, 5pm

So, How Much Would That Mandate Really Cost You?

It’s long been the contention by critics that if the United States were to adopt a Renewable Energy Standard (RES) or a Clean Energy Standard (CES), electricity costs would skyrocket and our nation’s delicate economy would hang in the balance. Kind of a scary scenario, even if you love the idea of clean energy. But what’s the reality (as best as these kind of matters can be predicted) and what are the potential impacts — both good and bad — of changing how we do business? And how would an RES, defined as mandates to include renewable resources, compare to a CES, which could include the use of nuclear power and natural gas as well as future coal-based technologies? The bipartisan Congressional Budget Office recently released its findings on how various forms of either an RES or a CES would affect prices and carbon emissions. The final ruling: Carbon emissions would go down ...

Full article: http://www.renewableenergyworld.com/rea/blog/post/2011/07...

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