Monday, February 28, 2005

Governor Schwarzenegger begins new Solar push

Governor Schwarzenegger is living up to his promise to promote market-based, environmentally friendly policies. First, he proposed the Hydrogen Highway. Today, it's solar power:

Governor Arnold Schwarzenegger aims to make California a world leader in solar energy with a new proposal he's sending to lawmakers today...

Under the new plan, the Public Utility Commission would decide how electricity consumers pay into the incentive fund, most likely with a new fee on utility bills.

The incentive approach is modeled on Japan, the world leader in solar power. That country has seen a 72 percent drop in solar costs as 70-thousand homes have been outfitted for the alternative power over the past decade.