PG&E Pacific Gas & Electric based in California, made a pledge to purchase 1000 Megawatts of solar energy over the next few years, nearly doubling its original pledge. The company said it views the solar industry as a great investment which could end up saving 36 million tons of carbon emissions over the next 20 years. Thats a lot of emissions folks.
Due to a new law enacted by governor Arnold Schwarzenegger, mandates that California has to have 20% of its electricity come from renewable sources by 2020. Experts say that contracts are already being devised that will put California up and running at 19% renewable energy by 2010. Startup companies have been looking to open up renewable solar energy plants in California's Mojave Desert as a source that will be up and running by 2010 as well. It's good to hear that a renewable energy market has been created due to the state government.
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