With unemployment edging towards 10% and increasing calls for a second round of stimulus, the Coalition for the Green Bank has an answer. It's actually quite simple: pass a comprehensive piece of energy reform legislation out of the Senate that (with the inclusion of the Green Bank/CEDA) will add long-term jobs to American payrolls, provide investment in our lagging energy infrastructure and provide consumers and businesses with clean, renewable electricity that originates right here in the United States.
With the Senate passing legislation including the Green Bank (CEDA), energy reform will take effect as soon as 2010, triggering an immediate stimulative impact on our economy which will be accomplished by four bold and integrated measures: The Renewable Electricity Standards (RES), as included in the House version of the bill, will guarantee demand for new sources of renewable energy. A Transmission Bill will assure that supply will be delivered from optimal locations. The Green Bank will finance the new supply of American-generated clean energy. Lastly, Caps in the legislation will guarantee that utilities phase out the dirtiest power first.
Posted by Alex Kragie
Comments
dc sports fan
Thu, 16 Jul 2009 18:29:40
Alex, you have it right. I'd call that the "green deal"!
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