One of the penalties for refusing to participate in politics is that you end up being governed by your inferiors. – Plato
Fortunately, the outcome of renewable energy in the upcoming election will not prevent the continued growth of renewables. If Biden wins the Presidency, we can move towards better climate solutions and employ programs to reach climate goals. Biden’s climate and environmental justice proposal will make a federal investment of $1.7 trillion over the next ten years, leveraging the private sector, state, and local assets to a total of more than $5 trillion. For clean energy resources such as solar, wind, and energy storage, the range of possibilities over the next four years runs from excellent to exceptional.
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Renewable energy can achieve all the climate change goals should Democrats take both the Senate and the White House. Thereby meeting Biden’s 2035 target could require an annual renewables market of 100 gigawatts or more in some years, compared to the 30 GW of new renewables capacity expected built-in 2020.
With slightly more than 40 days before the election, let’s look at what’s at stake for the clean energy sectors: solar, wind, energy storage, and broader power industry. The American political system tends to move incrementally, but don’t rule out the incredible just yet. Biden’s plan to reach 100 percent clean energy by 2035 would set a much more aggressive target than any state and utility goal in the books today, forcing utilities to react rapidly.
The difference between having Biden in the White House with a Republican or Democratic-controlled Senate can be in saving valuable time in reaching climate goals or not. A national clean-energy standard along with policy reforms and research and development investments. Passing federal policy assisting renewables is a huge step in the right direction, coupled with energy innovation. That second part means clearing the barriers to a doubling or tripling of annual renewable deployment by streamlining permitting and interconnection and clarifying market rules, including how state clean energy policies and federal regulations interact. There is growing evidence that the system could save money could be a valuable tool for that legislative push.
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https://issuu.com/northamericancleanenergy/docs/nace_septoct2020-web?fr=sNjkwYjE3MDc1NzI
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