Report: Land of Enchantment "Leading Green" by Example
Friday, December 10, 2010
SANTA FE, N.M. - The United States has the potential to attract billions of dollars in private company investments in clean power over the next decade, according to a new study by the Pew Environment Group. It cites New Mexico's policies encouraging renewable energy, from a statewide renewable standard for utilities to recently adopted greenhouse gas cap-and-trade programs, as examples of that potential. The report shows how this nation has the most to gain compared to almost every other G-20 member country - if federal clean energy policies are in place for guidance.
The director of Pew's U.S. Global Warming Campaign, Phyllis Cuttino, hopes the new research will help change the minds of those doubtful that federal policies help.
"If the United States passes enhanced clean energy policies, it would mean $342 billion in private investment over the next decade here in the United States."
Consumers are on board with the idea, as seen in the pre-orders for new electric cars or the interest in solar and wind systems in states like New Mexico, she adds.
"When I drive around the country, I see a wind farm or solar panels. The more people see everyday examples, the more they believe that clean energy is possible."
Cuttino says another important aspect of the report pertains to worldwide competitiveness, because Asia, China and India are growing their clean energy production and development at a fast rate.
The full report, "Global Clean Power: A $2.3 Trillion Opportunity," is available at www.pewglobalwarming.org.
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