Friday, May 22, 2009

Investments In Clean Energy - Good For America, Good For Texans!

Race car driver and environmental activist
Leilani M├╝nter visits one of the largest wind
farms in the world, NextEra Energy's wind
turbine farm outside of Abilene, Texas

Denton Municipal Electric (DME), the City of Denton's municipally-owned electric utility, has entered into a multi-year power purchase agreement to purchase renewable energy from NextEra Energy Resources, LLC ("NextEra").

NextEra owns and operates the Wolf Ridge Wind Farm located northwest of Muenster, Texas and is the largest generator of wind and solar renewable energy in North America.

Beginning May 1, 2009, NextEra will sell green energy to DME to supply its customers' long-term power needs and meet the utility's renewable energy objectives. This agreement will provide Denton with approximately 60 megawatts of renewable energy that comprises about 40% of its energy portfolio on an average monthly basis.

The U.S. House Energy and Commerce Committee passed the American Clean Energy and Security Act Thursday night. This legislation, if passed by the House and Senate and signed by President Obama will facilitate more investment in clean energy and reductions in global warming pollution as is now happening in Denton Texas.

Not only did the bill clear a major hurdle on Thursday night--moving out of committee and closer toward the House floor. But it did so with the backing of lawmakers representing a wide range of energy needs. The bill has broad support from many environmental, business, labor, and other organizations.
Oh, and by the way, you've no doubt heard that the Republican National Committee just voted to recognize "that the Democratic Party is dedicated to restructuring American society along socialist ideals." Denton Municipal Electric, the City of Denton's "government owned" electric utility, is a classic example of a socialist government in practice. Last time I checked, Denton was still a very Republican city in a very Republican county. Read Glenn Melancon's "Socialist Ghosts" posting in this blog.

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