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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 UdallOVERNIGHT ENERGY: Judge tosses land management plans after ousting Pendley from role | Trump says he could out-raise Biden with calls to Wall Street, oil execs | Supreme Court to review Trump border wall funding, asylum policies OVERNIGHT ENERGY: Pendley says court decision ousting him from BLM has had 'no impact' | Court strikes down Obama-era rule targeting methane leaks from public lands drilling | Feds sued over no longer allowing polluters to pay for environmental projects  Pendley says court decision ousting him from BLM has had 'no impact' 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 MarkeySenate Republicans offer constitutional amendment to block Supreme Court packing Time to honor the 'ghosts' of WWII OVERNIGHT ENERGY: Federal officials press concerns about proposed mine near Georgia swamp, documents show | Trump falsely claims Green New Deal calls for 'tiny little windows' | Interior appeals migratory bird ruling MORE (D-Mass.), Martin HeinrichMartin Trevor HeinrichSenate Democrats demand White House fire controversial head of public lands agency Senate Democrats seek removal of controversial public lands head after nomination withdrawal Five takeaways from final Senate Intel Russia report MORE (D-N.M.), Michael BennetMichael Farrand BennetDemocrats sense momentum for expanding child tax credit OVERNIGHT ENERGY: House Democrats tee up vote on climate-focused energy bill next week | EPA reappoints controversial leader to air quality advisory committee | Coronavirus creates delay in Pentagon research for alternative to 'forever chemicals' Senate Democrats demand White House fire controversial head of public lands agency MORE (D-Colo.), Jeff MerkleyJeffrey (Jeff) Alan Merkley Senate Democrats call for ramped up Capitol coronavirus testing The Hill's Morning Report - Sponsored by The Air Line Pilots Association - Trump, Biden renew push for Latino support Sunday shows - Trump team defends coronavirus response MORE (D-Ore.), Sheldon WhitehouseSheldon WhitehouseSupreme Court battle turns into 2020 proxy war Joe Biden and Democrats are wallowing in dark money — and hypocrisy Senators dial down rhetoric at Barrett hearing after 2018 Kavanaugh brawl MORE (D-R.I.) and Mazie K. Hirono (D-Hawaii).

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“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.