How can energy law help promote access to clean energy?
Energy law helps promote access to clean energy by providing legal frameworks which incentivize and regulate the production and use of renewable energy sources. Such frameworks can come in the form of legislation, regulations, and incentives. In California, the Renewables Portfolio Standard (RPS) requires that electric retailers and publicly owned utilities demonstrate a certain percentage of their power sales come from renewable energy sources such as solar or wind. This encourages increased development of these sources and provides financial incentives to promote their usage. Other regulations may be in place which set limits on air and water pollution from energy production, which promotes reduced reliance on fossil fuels and directives to use cleaner sources of energy. Incentives can also drive cleaner energy usage. Tax breaks and loan guarantees may be issued to encourage the investment in renewable energy projects, or for the installation of renewable energy systems for individuals. These financial incentives make it more affordable for individuals to install renewable energy systems in their homes or businesses. In addition, government institutions are working to increase consumer awareness about clean energy sources and their benefits. This includes providing education about the cost savings benefits of installing renewable energy sources, and setting up programs which increase access to renewable energy. By providing a legal framework with incentives and regulations, energy law promotes access to clean energy. This helps reduce dependency on fossil fuels, reduce pollution, and cut energy costs.
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