No Surprises: It's about the Policy
As part of our kick-off activities for this year’s Solar Decathlon, Applied Materials hosted a panel discussion on scaling renewable energy at the National Press Club in Washington D.C yesterday. The panel included reps from Pacific Gas and Electric Company(PG&E), Bechtel, Green Strategies, the Bipartisan Policy Center as well as Applied Materials Chairman and CEO Mike Splinter.
The discussion focused on what concrete steps this country needs to take in order to realize the promise of renewable energy. The number one take-away from the conversation: Policy Certainty. Regardless of the policy positions each of the panelists’ had, there was overwhelming agreement that more than anything what is holding back renewables is the sense that stakeholders don’t know where the various policy recommendations will end up.
Splinter laid out three key pieces of policy that would spur the renewables industry:
- Federal legislation that includes a renewable electricity standard with teeth
- Increased federal procurement of renewable energy
- A ‘Green Bank’ to support financing of renewable projects
The panelists agreed that there is an opportunity for clear, smart policy to jumpstart the renewables industry in this country and in doing so to reduce our environmental impact, create jobs and position the U.S. for long-term economic growth.
*Photographed left to right: (host) Elizabeth Baker Keffer, president, Atlantic LIVE and vice president, The Atlantic, Melissa Lavison, sr. director, Federal Affairs, PG&E, Roger Ballentine, president, Green Strategies Inc., Jason Grumet, founder and president, Bipartisan Policy Center (moderator), Mike Splinter, Applied Materials chairman and CEO, Ian Copeland, president, Renewables and New Technology, Bechtel Power.