As of late Wednesday night on November 5th, California Proposition 7 is looking more and more like a long shot than a reality. It is estimated that over 60% of the votes on Prop 7 have been cast as “no” votes, with over 97% of the votes tallied. What does this mean? Proposition 7 ,as stated by the California government site, states that “utilities, including government-owned utilities, to generate 20% of their power from renewable energy by 2010, a standard currently applicable only to private electrical corporations, raises requirement for utilities to 40% by 2020 and 50% by 2025, imposes penalties, subject to waiver, for noncompliance, transfers some jurisdiction of regulatory matters from Public Utilities Commission to Energy Commission, fast-tracks approval for new renewable energy plants requires utilities to sign longer contracts (20 year minimum) to procure renewable energy and creates account to purchase rights-of-way and facilities for the transmission of renewable energy”.

If Proposition would have passed, the state of California would have been required to obtain half of its energy from a renewable source by the year 2025. The “no” vote on Proposition 7 does not mean there will be a lack of pushing for future legislation in favor of renewable energy and one can look for legislation to continue to be proposed in favor of renewable energy.

Source

This entry was posted on Wednesday, November 5th, 2008 at 9:55 pm and is filed under Solar News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Leave a Reply