California is on pace to meet its goal
of securing 33 percent of the state’s electricity from renewable sources like
solar and wind by 2020. But energy experts report that the in-state
market for renewable energy will lose momentum without new policies to
encourage deployment beyond 2020. To help spur growth, this report, written by UCLA Climate Policy Associate Ethan Elkind, recommends a new renewable energy target for 2030 that accounts
for greenhouse gas emissions and tracks the state's long-term climate change
goal. To achieve this outcome, policy makers will need to plan for
renewable energy deployment to occur in the most efficient and cost-effective
manner and to provide incentives to help realize this vision.
"Renewable Energy Beyond 2020" is the twelfth paper of the Climate Change and Business Research
Initiative, a joint project with UC Berkeley School of Law that
is sponsored by Bank of America.