Renewable Energy Bill in California Faces Veto by Schwarzenegger

On Friday Sept. 11, the California legislature passed bills that would require the state to get 33% of its electricity from renewable sources by 2020.

On Saturday, Governor Arnold Schwarzenegger said he would veto the bills.

The governor said he plans to implement the changes through executive order. Among his reasons for rejecting the legislation:

• It was tying up the renewable-energy industry in regulatory knots.
  
  
• It set limits on how much renewable energy could be bought from out-of-state suppliers.
  
  
• It would have killed the solar industry in California (because of curbs on where solar power plants could be sited), and raised prices.

We'll see how this plays out. I have a feeling the governor will prevail.