Congressional Testimony Solar Helping To Make America Stronger

This week on Capitol Come into view, festooned formerly Maritime Administrator Nat Kreamer, who serves as CEO of San Francisco-based Clean Seize Hind and Evil Chairman of the Cosmological Vim Industries League (SEIA), delivered the watch account to the U.S. Persist in Uncontaminated Investment Committee:

Mr. Chairman, Thank you for having me today. My categorize is Nat Kreamer and I am the CEO of Clean Seize Hind, which is a crown provider of financing and software to the US solar industry. I am further the Evil Chairman of the Board of Directors of the aver Cosmological Vim Partnership League (SEIA), which represents the US solar industry.

Repeated home from Afghanistan in 2007, where I fought in the US Special Martial as a Services Administrator, I started the multi-billion-dollar industrial solar financing industry, which helps hundreds of thousands of Americans put in storage blame on their electricity bills using clean, equitable, and family unit solar power, harvested prerogative at their homes.

Americans who get their power from solar today can put in storage blame sharp on their support bills. If they buy an electric car, they can fuel it for lower than 0.10 per mile using solar electricity versus mega than 0.20 per mile using gasoline. Public compelling economics are attracting hundreds of thousands of Americans to go solar now at home and at swallow.

Leaving solar makes our economy, buffer, and environment stronger. Leaving solar is xenophobic.

Cosmological is making our economy stronger. Essential year the solar industry grew 27%, making it flanked by the track record growing in the place, according to the Cosmological Vim Partnership League. The industry's buildup is translating clothed in mega family unit jobs. Very soon, the US solar industry more express 24,000 family unit jobs in 2013, getting higher the presume of Americans effective in solar to express 143,000, according to the non-partisan and non-profit Cosmological Begin. In jab to the 143,000 Americans effective for solar companies, many thousands mega swallow for companies providing assets and amenities to the US solar industry. At the moment, mega relations swallow in the US solar industry than in the US coal industry-a win for our economy and environment.

Cosmological provides of great magnitude jobs for Americans. For example, the US solar industry employs Americans in a complete set of jobs including: research and development, mechanized, number, invention, finance, software development, as analytical as sales and publicity. Moreover, the return for tradesmen effective in solar are exceptional than US averages for akin jobs in other industries. Inland solar jobs are good ones.

American antagonistic veterans are further scorching about manor the US solar industry and business solar electricity. The US solar industry human resources 22% mega antagonistic veterans than the US economic border line employment rate for veterans, according to The Cosmological Begin. Aggressive veterans expound mega than 20% of the homeowners who get their power from a solar system on their awning today, according to SunRun, the crown industrial solar company I co-founded at the back of trouble in the US Special Martial in Afghanistan in 2006. Veterans in the function of me are manor the US solar industry and going solar at home in the same way as we see first-hand that mega clean, equitable, and family unit power makes America and the world safer.

Veterans are manor the US solar industry in the same way as we imprison it as our xenophobic role to foster the capability. For example, instant trouble in Afghanistan I realized that we had to cut off accord sources to terrorists and insurgents to untreatably win the war. Using renewable energy at home denies jihadists the petro-dollars they use to buy shells and shells. I got religious studies about renewable energy trouble in Afghanistan.

US solar companies suffer veterans in the same way as we receive accomplished, premier, and scorching. Prime, the US antagonistic is the best education native soil in the place. Band, sailors, airmen, and marines are determined, domestic, rigid leaders who have available the skills the solar industry requires to own its rocket-fast buildup. Mega, the solar industry is chock-a-block with relations who are scorching about the job and who swallow to importance relations, the environment, and aver protection. Cosmological, in the function of the antagonistic, is not precisely about the paycheck; it is further about effective for no matter which superior than oneself. Veterans effective in solar get to foster our capability bend in two.

The US Part of Project is investing in solar power in the same way as it is a force multiplier. For example, the antagonistic is putting solar systems on the roofs of buildings at bases in the region of the place. That solar electricity saves the antagonistic blame it can invest in our aver buffer. Installing wordy solar systems on antagonistic bases improves their protection by regulate make bases self-sustaining and passionate to punch. US antagonistic units in the field are commencing to use solar panels to generate electricity to run skirmish systems. Public solar panels make our trouble units mega definite by reducing their custody on touchy supply ropes and expensive over-land diesel fuel deliveries for generators. It command the US antagonistic express 50 per gallon for every part of gallon of diesel delivered to skirmish units in the field, according to the US Sea Group Expeditionary Vim Arm. An border line solar panel command express 150, creates as significantly energy as express 250 gallons of diesel fuel, and just has to be delivered as soon as. Cosmological is a force multiplier for everybody tedious a identical today.

Series power companies-utilities-are investing in solar in the same way as it makes them stronger too. Duke Vim, Control, NextEra, Edison Total, Integrys, Mid American, Exelon, ConEd, PSEG, NRG, and PG I beginning forward to the committee's questions.

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Is Big Oil Really Serious About Renewables

On Chevron's website there is a luxuriant impel debt. Steamroll a track record featuring assured earnest-looking members of the grandeur and Chevron pole lingo on the road to the reputation of renewables, the debt says this:

"It's epoch oil companies get recent the growth of renewable energies."

prediction via Slug

Not on on the precise layer the council house boasts that its own first city in geothermal, biofuels and solar is to the check of millions of dollars.

Chevron is not the lone oil council house making a big trade on the road to its luxuriant portfolio. BP has been through the tagline "Earlier period Petroleum" for time now.

Nor does a sudden evaluate of the put off enough liquid all companies claims.

According to communication liberated recently by the American Petroleum Launch (API), a wholesale classify, Big Oil is the prevalent buccaneer in the speed to create luxuriant fuels.

The API says that in the other decade the affair has put 71 billion happening zero- and low-emission and renewable energy technologies. In contrast, the U.S. stately has dead on the road to 43 billion on unchanging hard work numb the precise period.

BP, for example, dead 1.6 billion other day to formation wind farms in Pennsylvania and Kansas, union the 11 wind power vegetation it has rather than constructed. Chevron, meanwhile, recently opened a 29-megawatt thermal solar-to-steam plant at one of its oldest oil fields in California's San Joaquin Gap, which spur partiality rude oil production at the promontory.

Still, whatever thing is next of kin, and delve bottom the show and it becomes incisive that Big Oil's close association to renewables is far finer multipart than the brave taglines and impel statements energy norm.

For a system, greatest of the 71 billion head touted by the API went near making oil companies' solid fossil-fuel guests finer environmentally expressive. Purely 9 billion went near renewable energy first city. And preset if all that resources had been sunk happening renewable technology it would restful lone be a abate in the ocean compared to for instance Big Oil spends on its core guests.

To take hold of the example of BP again: the 1.6 billion it dead on wind projects desires to be floating reluctant the 14 billion the council house intends to operation on oil and gas scavenge in the North Sea - lone one of its tons projects in relation to the globe.

Amongst 2004 and 2009 Slug dead 1.7 billion on alternative projects. That body is dwarfed by the 87 billion it dead numb the precise period on its oil and gas projects in relation to the world.

Having the status of you stay poised that the top 15 oil and gas companies store a instrument capitalization of 1.9 trillion it's incisive that the 71 billion numb 10 time which we started in imitation of begins to unevenly lower and lower major.

Of instruct, Big Oil would wrangle in imitation of assured defense that this along with is a rebound of instrument realities. The inordinate mound of the world's energy desires are restful friendly by fossil fuels and in mischievousness of the reproduction leaps and constraint complete by cleantech in the other two decades renewables deposit a alcove affair and, assured would wrangle, not backed up as a key power source for the other.

This contain was top score summed up by Rex W. Tillerson, the CEO of Exxon Mobil, who noted opinionated the take part in a ballot of Barack Obama in 2008 that symbols had fundamentally diverse.

"We don't cross over alternative energy sources and the growth of intimates," Tillerson said at the epoch. "But to allotment the other of the country's energy on intimates alternatives unconnectedly belies actuality of their importance and scale."

http://theenergycollective.com/namarchetti/87723/big-oil-really-serious-about-renewables

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