Presentation on theme: "Clean Energy Policy Jesse Kharbanda – Executive Director, Hoosier Environmental Council Ray McCormick – Farmer & Vice President for the Indiana Association."— Presentation transcript:
Clean Energy Policy Jesse Kharbanda – Executive Director, Hoosier Environmental Council Ray McCormick – Farmer & Vice President for the Indiana Association of Soil and Water Conservation Districts Tom Conway – Regional Program Manager for the Blue Green Alliance
The Landscape of Energy Issues in 2011 Jesse Kharbanda Executive Director Hoosier Environmental Council November 6, 2010
In Montana's Glacier National Park only 27 of the 150 glaciers which existed in 1910 remain today and they will be gone in only 20 years.
Unfortunately the fight for clean energy won't be easy at all... Status Quo & Stubborn Myths – “Nuclear is cheap” – “We can't run our businesses on wind power” – “We're out of power!” Old School Economic Development – Don't worry about the environment – Or small businesses...
Our Goals Back policies that definitively achieve a net benefit for Hoosiers Oppose policies that don't...
Making an Impact this Session? Really?? Two positive opportunities: – Property Assessed Clean Energy (PACE) Bonds – Renewable Electricity Standard (RES) And also a need to be very cautious: – Trackers – CWIP
RES Diagram Renewable projects require hundreds of millions in capital. Investors will be more likely to site projects where there is guaranteed income. By carving out part of the electricity market for renewables, RES provides investment certainty
And this pans out… 70% of investment in wind power occurs in states with an RES.
#1: Jobs and Investment ~6,000 jobs in construction, operation and maintenance $7 billion in investment