renewable portfolio standard
Renewable Portfolio Standard: A regulatory mandate requiring utilities to source a specified percentage of their electricity from renewable energy sources.
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New Hampshire's new state budget will transfer nearly all money from its Renewable Energy Fund to the general fund through 2027, drastically reducing clean energy project funding.
A new report by UNDP, University of Denver, and Octopus Energy projects $20 trillion in energy sector savings and a 21% GDP boost by 2060 through aligned renewable energy policies.
The Virginia Clean Economy Act (VCEA), passed five years ago, has significantly boosted the state's GDP by 11% while simultaneously reducing pollution, demonstrating a successful economic and environmental strategy.