There’s been a lot of news this past week about Renewable Portfolio Standards (RPS). These state policies have been successful in attracting renewable energy investment at the state level, which is helping to provide tens of thousands of well-paying jobs all across the country. Because of this success, states are considering expanding these standards or otherwise incentivizing clean energy development.
Just yesterday Hawaii passed a law to make their state powered by 100 percent renewable energy by 2045, with interim targets in between. Hawaii’s action this week builds on the trend of 5 other states currently considering increasing their RPS.
This is despite spin from some about a recent law passed in Kansas (a good debunking of that spin is here). Kansas was a unique case, and the rewrite of the RPS and tax policies just announced made sense there and will be good for wind energy over the long-term for that state.