1、The 2020 U.S. Renewable Energy Outlook 2019 S International Renewable Energy Agency U.S. Renewable Energy Outlook 5S however, Oregon Gov. Kate Brown let it be known that she is not backing down on the issue and is prepared to use executive powers to advance the policy. Policymakers in Connecticut, M
2、aryland, Massachusetts, New York, Pennsylvania and Virginia may look to introduce carbon-tax or cap-and-trade policies during 2020 in order to help meet their greenhouse gas emission reduction goals. Steps to join the Regional Greenhouse Gas Initiative, or RGGI, cap-and-trade program have been taken
3、 in Pennsylvania, as Gov. Tom Wolf ordered the states Department of Environmental Protection to draft a rulemaking that would enable the state to join the initiative. Currently, nine eastern states participate in RGGI, with New Jersey effectively becoming a participant starting Jan. 1, 2020. As many
4、 states seek to implement clean energy-related measures and directives, they may look to introduce legislation to securitize costs associated with the retirement of certain generation facilities, similar to the securitization measures enacted by Colorado and Montana this past year. U.S. Renewable En
5、ergy Outlook 8S initiatives followed that provided financial incentives for construction of new transmission facilities. Meanwhile, remediation of emissions from dirty coal-burning facilities, stemming from heightened environmental awareness, also drove major capital investment into new generation f
6、acilities with the benefit of cleaner emissions profiles. Virtually all of the new investments were candidates for expanding utility rate base, resulting in a flurry of rate case activity. The spending cycle became a powerful vehicle not only for plant modernization, but also as the widespread capit