A Job and Investment Killer | RenewablesBiz

Yesterday I forwarded a Renewable Biz article highlighting concerns expressed over a national renewable energy policy. I admitted some of the arguments against a national RES policy made me re-think my pro-position. At the risk of creating whiplash, after reading today's article , A Job and Investment Killer RenewablesBiz, I believe the merits for a national policy exceed the concerns expressed in yesterday's article.

Specifically, using California as an example, the most important benefit to RES legislation is that it provides the stability required to invest in technology and create jobs. California currently provides an estimated 500,000 clean-tech jobs. In a time of continued economic uncertainty, and high unemployment, this fact alone has significant merit. Further, the potential reversal of the Global Warming Solutions Act via Proposition 23 presents an excellent case for a national policy. Without a firm national policy, state policies are at risk by special interest groups. And, back to the top priorities expressed by senior energy executives on my earlier blog, a national policy would provide some certainty (aka strategic direction) during uncertain times. Once a national policy is established, as noted in this article, investors will have the confidence to invest in technologies and companies to allow for job creation, better products and services and, ultimately, better pricing.

Sounds like a win-win to me.

Best,

Paula