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Congress Should Oppose A Mandatory Federal Renewable Portfolio Standard December 4, 2007 Congress is expected to begin consideration this week of an energy bill that includes a provision to impose a 15-percent federal renewable portfolio standard (RPS). Under a federal RPS mandate, electric utilities would be required to meet a certain percentage of their electricity sales each year with electricity produced from a limited list of renewable resources or through the purchase of renewable credits from other renewable generators or the Department of Energy. A federal RPS mandate would raise electricity prices for many consumers; upset ongoing renewable energy programs in the states; create winners and losers among states, electricity generators and electricity suppliers; and impose new burdens on electric reliability. Moreover, a federal RPS mandate is not a solution to achieving energy independence, nor is it a cost-effective means of reducing greenhouse gases.
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