President Bill Clinton Still Optimistic on Renewable Energy, Senator Bingaman will Push Clean Energy Standard

President Clinton, in a speech to the Sustainability Conference was optimistic on the continued investment and commercial development of clean renewable energy.  He  o sees upgrades as a way to create jobs and boost the economy, has made a cause of retrofitting buildings to conserve energy through his Clinton Climate Initiative and President Obama’s Better Building Challenge, which promotes public and private investment in energy efficiency projects.this is a process that will not happen overnight.  

Senate Energy and Natural Resources Committee Chairman Jeff Bingaman (D-N.M.) is trying to build support for a proposal that requires power companies to supply escalating amounts of electricity from low-carbon sources. Bingaman, in his final year in the Senate, has acknowledged that the White House-backed plan is extremely unlikely to pass in 2012, but hopes to lay a foundation for future action.  He will hold a hearing next month on this topic.