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Massachusetts Legislature Approves Higher Renewable Portfolio Standard
Clean Technica: “If you don’t know where you’re going, you’re not likely to wind up there,” observed Forrest Gump. That sort of homespun wisdom is the reason why governments come up with policies like a renewable portfolio standard — so people and businesses have a goal they can work towards. A renewable portfolio standard tells utility companies how much of their electricity should come from renewables by certain dates.
Many states in the US have renewable portfolio standards. California, not surprisingly, has the highest goal — 50% renewables by 2030. Some have none at all.
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