Renewable Energy Law Alert: Governor Brown Signs Bill Increasing California's Renewable Portfolio Standard to 33%
California's Governor Jerry Brown signed Senate Bill ("SB") X1-2 on Tuesday requiring California's electric utilities to procure 33% of their energy from renewable resources by 2020. Upon signing the bill, Governor Brown stated the "bill will bring many important benefits to California, including stimulating investment in green technologies in the state, creating tens of thousands of new jobs, improving air quality, promoting energy independence and reducing greenhouse gas emissions."
Details concerning the implementation of the new legislation will have to be worked out at various California regulatory agencies, including the California Public Utilities Commission and the California Energy Commission. The legislation will likely spawn numerous regulatory proceedings as the various regulatory agencies struggle to come to grips with the new RPS mandate.
For more information about SBX1-2, please see our detailed Renewable Energy Law Alert dated March 29, 2011.
If you have further questions about SBX1-2 or California energy regulatory matters, please contact:
Seth Hilton at (916) 319-4749 or firstname.lastname@example.org
Jennifer Martin at (503) 294-9852 or email@example.com
Bill Holmes at (503) 294-9207 or firstname.lastname@example.org
Marcus Wood at (503) 294-9434 or email@example.com