SANTA FE, N.M. – The United States has the potential to attract billions of dollars in private company investments in clean power over the next decade, according to a new study by the Pew Environment Group.
It cites New Mexico’s policies encouraging renewable energy, from a statewide renewable standard for utilities to recently adopted greenhouse gas cap-and-trade programs, as examples of that potential.
The report shows how this nation has the most to gain compared to almost every other G-20 member country – if federal clean energy policies are in place for guidance.
The director of Pew’s U.S. Global Warming Campaign, Phyllis Cuttino, hopes the new research will help change the minds of those doubtful that federal policies help.
“If the United States passes enhanced clean energy policies, it would mean $342 billion in private investment over the next decade here in the United States.”