Wisconsin's Democratic Governor Tony Evers put forward a requirement to make the state's electricity supply carbon-free by 2050, according to a March 7 proposal.
During last year's midterm elections, Evers made it clear that he was a proponent for shifting the state to 100 percent renewable energy by mid-century, but his political position is not as strong as some other recently elected Democratic governors pushing for similarly ambitious goals. He only narrowly defeated Republican Governor Scott Walker and also faces a legislature still under the control of the GOP, denying him the mandate and leeway for a massive course change in energy policy.
Even if the current proposal is accepted, the state has a long way to go to achieve it. The last renewable portfolio standard target was set for 2015, with a very modest target of 10 percent of all electricity to come from renewable sources. According to the EIA, as of 2017, Wisconsin got 55 percent of its electricity from coal, about 20 percent from natural gas, and just 9.3 percent from renewables.
For more information, please visit enerknoldata.com
Recommended Reading
US Refiners to Face Tighter Heavy Spreads this Summer TPH
2024-04-22 - Tudor, Pickering, Holt and Co. (TPH) expects fairly tight heavy crude discounts in the U.S. this summer and beyond owing to lower imports of Canadian, Mexican and Venezuelan crudes.
What's Affecting Oil Prices This Week? (April 22, 2024)
2024-04-22 - Stratas Advisors predict that despite geopolitical tensions, the oil supply will not be disrupted, even with the U.S. House of Representatives inserting sanctions on Iran’s oil exports.
Association: Monthly Texas Upstream Jobs Show Most Growth in Decade
2024-04-22 - Since the COVID-19 pandemic, the oil and gas industry has added 39,500 upstream jobs in Texas, with take home pay averaging $124,000 in 2023.
Shipping Industry Urges UN to Protect Vessels After Iran Seizure
2024-04-19 - Merchant ships and seafarers are increasingly in peril at sea as attacks escalate in the Middle East.
Paisie: Crude Prices Rising Faster Than Expected
2024-04-19 - Supply cuts by OPEC+, tensions in Ukraine and Gaza drive the increases.