YEO Policy Books 2015 Policy Book - Page 80

Clean, Renewable, and Efficient Energy Act Origin: Michigan State Legislature Bill Name/Number: House Bill 4518 Link: Click here YEO Sponsors: Representatives Stephanie Chang, Jon Hoadley, and Kristy Pagan Summary: Part of a package of bills introduced in April 2015, this bill and its companions would double the amount of renewable energy used in the state and remove a controversial renewable energy surcharge currently in place. Talking Points & Important Information: • Currently, Michigan’s energy companies are on track to meet the 10 percent minimum of renewable energy sources established by law passed in 2008; however, HB 4518 and HB4519 propose phasing in a higher renewable portfolio standard at 20 percent. This means that energy providers – like electric companies – are required to increase production of energy from renewable energy sources such as wind, solar, biomass, or geothermal. • Ecology Center of Michigan acknowledges that current law has made commendable strides, but that increasing the standard ensures forward momentum and a safe and healthy environment for all. • Renewable energy technologies are clean sources of energy that have a much lower environmental impact than conventional energy technologies and won’t run out, unlike finite coal or fossil fuel stores. Moreover, most renewable energy investments are domestic and spent on materials and workmanship to build and maintain facilities, rather than on costly imports. • For more on the environmental and economic benefits of renewable energy, click here. 2015 POLICY BOOK STATE INTRO LEVEL PAGE 80