The Clean Energy Economy is booming, with global investments in utility-scale wind and solar projects as well as rooftop solar, at a record $329 billion in 2015. Neither a 67% drop in oil prices through 2015, nor low global coal and natural gas prices curtailed global clean energy investment.
Our Clean Energy Economy focuses on the following tracks:
- Clean Energy Investment: The tremendous clean energy investment opportunity (the Clean Trillion) waiting in the wings to replace fossil investment
- Economic Development and Job Creation: The data that tell the story of how clean energy jobs are eclipsing fossil fuel jobs
- Economics of Renewable Energy: The rapidly falling costs of renewable energy and the dramatic adoption of renewable energy technology
- Unburnable Carbon/The Keystone Principle: The incontrovertible fact that the climate cannot withstand burning existing fossil fuel reserves, which means fossil fuel assets are wildly overvalued
As we head into the 2020 session, we’re doing everything we can to ensure the Legislature passes a strong cap and invest policy. We’re also working on a number of other complementary bills to move the ball forward on climate – some of which are also unfinished business from last session.
A growing list of states and territories have adopted carbon pricing policies, enacted more robust low-carbon fuel standards, and committed to a timeline for transitioning to 100% clean electricity, but Oregon is not among them.
Earlier this week, our coalition of partners officially filed critical climate protection ballot measures with the Oregon Secretary of State's office, having collected twice as many signatures as needed to qualify.
A deregulatory push at the EPA is met by resistance from state governments. Solar projects grow in scale as well as number. States, cities and towns respond to climate threats with resiliency measures as well as with clean energy planning.
The same day President Trump announced his disastrous decision to pull out of the Paris Climate Agreement, Portland and Multnomah County became the first city and county in the Northwest to commit to 100% renewable energy.
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