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Wind Renewable Energy Will Continue to Grow in 2008, an Industrial Info News Alert

Posted on: Wednesday, 23 January 2008, 06:00 CST

Researched by Industrial Info Resources (Sugar Land, Texas) -- Citing the need to displace the use of fossil fuels in order to reduce carbon dioxide emissions, reduce energy costs and strengthen energy security while promoting economic development, 22 states and Washington, D.C., have enacted legislation called Renewable Portfolio Standards (RPS). This requires increasing the percentage of energy consumption from renewable sources, including wind, solar, biomass and geothermal. The standards currently in place can support more than 55,000 megawatts (MW) of new capacity by 2020.

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SOURCE: Industrial Info Resources

Source: MARKET WIRE

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