Senate bill would create national renewable electricity standard

Senate bill would create national renewable electricity standard
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Senate Democrats want to create a national renewable electricity standard to create jobs, save consumers money and reduce pollution.

The bill unveiled Tuesday that would require utilities to generate 30 percent of their electricity from renewable energy sources by 2030, starting with an 8 percent requirement by 2016 followed by gradual increases.

Sen. Tom UdallThomas (Tom) Stewart UdallCourt orders Trump EPA to ban controversial pesticide Top Dems: Trump tweet telling Sessions to end Mueller probe was obstruction of justice Dem senators introduce resolution calling on Trump to stop attacking the press MORE has introduced this legislation in every session of Congress since 2008. The bill is based on his bipartisan initiative that passed the House in 2007. Co-sponsors this time around include Sens. Edward MarkeyEdward (Ed) John MarkeyTo make the House of Representatives work again, make it bigger Dems urge tech companies to remove 3D-gun blueprints Make the moon a refueling station — then head to Mars MORE (D-Mass.), Martin HeinrichMartin Trevor HeinrichThe Hill's Morning Report — GOP seeks to hold Trump’s gains in Midwest states Gary Johnson launches New Mexico Senate bid Hillicon Valley: 'QAnon' conspiracy theory jumps to primetime | Senate Intel broadens look into social media manipulation | Senate rejects push for more election security funds | Reddit reveals hack MORE (D-N.M.), Michael BennetMichael Farrand BennetNFL players stand in tunnel during anthem, extending protests When it comes to drone tech, wildfire officials need the rights tools for the job NFL player wears 'Immigrants made America great' hat mocking Trump MORE (D-Colo.), Jeff MerkleyJeffrey (Jeff) Alan MerkleyBipartisanship alive and well, protecting critical infrastructure Overnight Defense: Senate sends 7B annual defense bill to Trump's desk | US sanctions Turkish officials over detained pastor | Korean War remains headed to Hawaii | Senators reassure allies on NATO support Dem strategist: It's 'far-left thinking' to call for Nielsen's resignation MORE (D-Ore.), Sheldon WhitehouseSheldon WhitehouseOvernight Defense: Officials make show of force on election security | Dems want probe into Air Force One tours | Pentagon believes Korean War remains 'consistent' with Americans Dems call for investigation of Trump Air Force One tours Dem senators introduce resolution calling on Trump to stop attacking the press MORE (D-R.I.) and Mazie K. Hirono (D-Hawaii).

“A national Renewable Electricity Standard (RES) will help slow utility rate increases and boost private investment in states like New Mexico — all while combating climate change,” Udall said in a news release. “Investing in homegrown clean energy jobs just makes sense, and that’s why I’m continuing my fight for a national RES.”

Because more than half of all states have successful RES policies with specific timelines and target standards, the federal policy would not preempt stronger standards already in place at the state level.

An analysis by the Union of Concerned Scientists found that a 30-by-30 RES would save consumers $25.1 billion in cumulative electricity and natural gas bills from 2015 to 2030, drive $294 billion in cumulative new capital investments from 2015 to 2030 and provide an additional $3.4 billion in new local tax revenues and wind power land lease payments to landowners through 2030.