The staff of the US Senate Energy Committee, chaired by Jeff Bingaman (D- New Mexico) has just released the draft of a proposed renewable portfolio standard.  The draft RPS would require that, by 2020, at least 20% of the electricity sold to retail consumers be obtained from renewable sources, such as wind, solar, geothermal and…

In the midst of an unprecedented amount of bad news surrounding the economy, the robust growth in employment in the wind and solar energy sectors has been receiving a lot of attention. Wind industry jobs have increased 70% over the past year, totaling 85,000 in 2008. These 85,000 jobs in the wind industry include some 13,000 manufacturing jobs, …

On Friday, January 23, the Chairman of the Senate Finance Committee released his version of the economic stimulus bill.  Like its House counterpart (H.R. 598), the proposal by Chairman Max Baucus ("Chairman’s Mark") is called the American Recovery and Reinvestment Tax Act of 2009.  The Chairman’s Mark is scheduled to be considered in the Finance Committee on Tuesday…

As part of an $825 billion stimulus plan to help revitalize the economy, the American Recovery and Reinvestment Tax Act of 2009 (H.R. 598) was recently introduced in the House of Representatives. The Bill aims to shore up tax incentives and offer new grants that would facilitate the development of renewable energy projects. Highlights of the proposed…

Oregon Governor Ted Kulongoski continues to take aggressive action in the green business realm. Having made renewable energy one of his budget priorities, Gov. Kulongoski filed nine bills under the climate change umbrella to be considered in the 2009 legislative session. According to Gov. Kulongoski, the bills will “build on our leadership in renewable energy that will create jobs and reduce greenhouse gas emissions.”Continue Reading Governor Kulongoski Proposes Nine Bills to Promote Renewable Energy Projects, Energy and Fuel Efficiency

Activity is underway in Michigan to implement the state’s recently-enacted renewable portfolio standard, which requires the state’s electric utilities to serve 10 percent of their retail sales from renewable energy resources by 2015.  In late December, Detroit Edison issued a Request for Proposals to purchase Michigan-based renewable energy credits that will help the utility meet the RPS requirements.

The RFP specifies that…

Check out our recent client alert on President-elect Obama’s selection of California congresswoman Hilda Solis as Labor Secretary, which we believe highlights the significance the incoming administration is placing on clean renewable energy and the contributing role of green jobs.  Also highlighted in our client alert is the efforts of several states, including Minnesota, California…

Portland continues to expand its reputation as a beacon for green business. Today’s Wall Street Journal features an article on how sustainable development and renewable energy businesses are giving a much-needed boost to Portland’s commercial real estate market. There is much excitement surrounding Denmark-based Vestas Wind Systems’ recent announcement that it will be building a new North…