Senator Lanane has introduced Senate Bill 36 concerning renewable energy standards. It requires an electricity supplier to provide a certain percentage of electricity from renewable sources. If the supplier fails to meet the target, it has to pay a fee which gets deposited in the renewable energy resources fund. The Indiana Economic Development Corporation and the Indiana Utility Regulatory Commission are charged with jointly developing a plan to attract renewable energy manufacturing facilities, including wind turbine component manufacturers, to Indiana.
Some specified example of renewable sources are wind, methane, solar, crops dedicated for energy production, and hydrogen fuel cells. The target percentages for an electricity supplier’s production from renewable sources are 2% by 2011, 5% by 2013, 10% by 2017, 15% by 2019, 20% by 2023, and 25% by 2026. The fee for being deficient in these percentages is $50 per megawatt hour of the deficiency.
I just read a book by Jeff Wilson called The Manhattan Project of 2009 Energy Independence Now that is really good. He also has a web article called How Much Electricity Does It Take To Replace Gasoline that is fascinating. You can read the article on the Better Place Blog @ http://planet.betterplace.com/profiles/blogs/how-much-electricity-does-it
The high cost of fuel this past year seriously damaged our economy and society,record numbers of jobs and homes have been lost as a direct result of the ripple effects of the strain.OPEC just announced another production cut.With all these bailouts in the billions why doesn’t our nation see the need to bail us out of our dependence on foreign oil? I just read a really interesting new book called The Manhattan Project of 2009 Energy Independence Now by Jeff Wilson.I never realized it would only cost the equivalent of 60 cents per gallon to charge and drive an electric car.It cost only the equivalent of 60 cents per gallon to charge and drive an electric car at the average current electrical rates. Also that the electricity to charge the cars could be generated partially or totally by wind or solar generated electricity. If all gasoline cars, trucks, and SUV’s had plug-in electric drive trains,the amount of electricity needed to replace gasoline is about equal to the estimated wind energy potential of the state of North Dakota. Why don’t we use some of the billions in bail out money to bail us out of our dependence on foreign oil? This past year the high cost of fuel so seriously damaged our economy and society that the ripple effects will be felt for years to come. Why not invest in setting up some alternative energy projects on a national basis, create clean cheap electricity, create millions of badly needed new green collar jobs, and get out from under our dependence on foreign oil.What a win-win situation that would be.
Are GM and Big Oil guilty of suppressing new generation electric auto technology for nearly a decade? Take a look at what former EV-1 owners have to say and decide for yourself.
EV-1 link: http://www.ev1.org/