Tuesday, October 16, 2007

Local Ownership of Renewable Energy Production

I came across the report Energizing Rural America Local Ownership of Renewable Energy
Production Is the Key
this morning. In it the author David Morris addresses the issue of local ownership of renewable energy, specifically ethanol and wind power. Morris makes the case Congress not only needs to support renewable energy development, but also must structure support in order to encourage local and decenteralized ownership of renewable energy development. The report was published in January of 2007, but the issue still remains relivant. While economies of scale are present in any industry, decades under energy cartels should have taught us the value of decenteralized energy production. Having a locally owned energy production sector will have much greater impact on rural economies than any JOBZ program.

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