The US is in on track to increase its Renewable Energy Portfolio from wind by 25% for the year 2007. Already one of the leaders in generating energy from clean sources in the US, Texas alone will account for two thirds of this capacity. How does Texas do it?
George Bush as the Governor of Texas signed a Renewable Energy Portfolio Standards (RPS) into law in the year 1999. The RPS apparently uses market mechanisms (whatever that is!) to ensure that a growing percentage of electricity through clean energy sources.
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