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Energy:
Renewable Portfolio Standard Amendment
Our Position: support
Bill Number: S.AMDT.791
Sponsor: Bingaman
Legislative Session: 2005
The Bingaman amendment establishes a Renewable Portfolio Standard, which would insure 10 percent of the nation's electricity would come from clean, renewable sources, by 2020. Renewable energy would reduce air and water pollution, spur economic growth, and save consumers money. According to the U.S. Department of Energy's Energy Information Administration (EIA), a Renewable Portfolio Standard of 10 percent would have virtually no impact on electricity prices and could save consumers as much as $13.2 billion. Renewable portfolio standards have already been adopted in 19 states and have been widely successful in spurring the development of clean, renewable energy. A national standard would accelerate this growth and make the United States a world leader in clean, renewable energy. This amendment was attached to the current energy bill (H.R. 6), which continues America's reliance on dirty fossil fuels and dangerous nuclear power, putting Americans, the environment, and the national economy at risk.
Status
The amendment passed the Senate on June 16, 2005. Find out how Senators voted here.
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