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News Release
FOR IMMEDIATE RELEASE
February 21, 2002

For More Information Contact:
David Ponder, MontPIRG 243-2908
Deborah Donovan, UCS 617-547-5552
   
Montana Economy Could Profit from Renewable Energy
Boosting Clean, Homegrown Energy Would Generate $7.1 Billion in Regional Investments

Missoula, MT, Feb. 21 –The Northwest could reap $7.1 billion in new investment from development of renewable energy such as solar and wind, according to an analysis released by the Union of Concerned Scientists (UCS) and MontPIRG today.  Regional energy consumers would also save $700 million a year in lower energy bills from a proposed national standard increasing the use of renewable energy to 20 percent of the US energy supply by 2020, along with energy efficiency improvements.

“Renewable energy can be a terrific boon to the economy of Montana,” said David Ponder, Executive Director of MontPIRG.   “We can create jobs and protect the environment by increasing the amount of electricity generated by clean renewable energy.”

Montana currently develops less than 1% of its power from renewable energy, but the state has the technical potential to generate more than 71 times its current electricity needs from renewable energy, enough to power 119 million homes, according to MontPIRG’s new report, Generating Solutions: How States Are Putting Renewable Energy Into Action. The new UCS report, Renewing Where We Live, and the PIRG report show that a national standard increasing the use of renewable energy power to 20 percent of the U.S. energy supply by 2020 would benefit both the economy and environment of Montana.

"Montana has abundant renewable energy resources that are cleaner, safer, and will outlast fossil fuels," said Deborah Donovan, UCS senior analyst. "Instead of relying on dirty and outdated sources of electricity, Montana can enjoy significant benefits from harvesting its homegrown renewable energy sources, especially in hard-pressed rural areas."

The U.S. Senate is poised to begin debating its energy bill next week.  While the legislation includes a national renewable energy standard, it is only half the level considered cost-effective by the Energy Information Administration, the official government source for energy statistics.

"Montana has several homegrown examples of how renewable energy benefits the ratepayer and the environment.  We urge the Senate to employ America’s technological know-how to replicate these successes in states across the country," concluded Ponder.

The UCS report, Renewing Where We Live, is available on the Union of Concerned Scientists website: http://www.ucsusa.org

The MontPIRG report, Generating Solutions: How States are Putting Renewable Energy Into Action, is available at: http://www.pirg.org

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MontPIRG is a nonprofit public interest advocacy group with 5,000 members in Montana.

UCS is a nonprofit partnership of scientists and citizens based in Cambridge, MA.



 

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