Las Vegas, Nevada [RenewableEnergyWorld.com] U.S. Senate Majority Leader Harry Reid (D-NV) used the national forum afforded by the Renewable Energy World Conference & Exhibition North America to make a major renewable energy address in which he called on the U.S. Congress to pass a Renewable Portfolio Standard.
Under the proposed standard, a minimum requirement of renewable fuels would be set as a percentage of all energy consumption. During his speech, Sen. Reid also called for long-term extensions of tax incentives for renewable energy. Incentives currently in place are set to expire unless renewed by Congress. Reid’s speech also outlined other policy ideas and incentives to encourage energy efficiency and renewable energy. Senator Reid also said that the federal government should set aside significant tracts of federal land that are environmentally appropriate for renewable energy production.
“This national Renewable Standard would encourage utilities to make real national investments in this new market opportunity,” Sen. Reid said. “Through the exchange of ideas comes innovation and progress. The solutions and ideas coming from meetings just like this are extremely impressive.”
Reid’s energy policy address was part of the Keynote Session at the fifth annual Renewable Energy World Conference & Expo (formerly POWER-GEN Renewable Energy & Fuels), which is being held in Las Vegas, Nev., February 19-21.
U.S. Senate Majority Leader Harry Reid addresses the PGRE&F 2008 Conference.