Monday, November 29, 2010

Colorado Governor’s Energy Office (GEO) Ushers in the "New Energy Economy;" Matt Futch of GEO Speaks to DU Students About Ground Breaking Program

Recent ground breaking legislation positions Colorado as a national leader in energy policy reform.

Colorado House Bills 1365 and 1001 set aggressive goals for expanding renewable energy distribution and reducing greenhouse gases, while prioritizing economic growth linked to the energy sector.

Recently, Matt Futch, Utilities Program Manager at the Colorado Governor's Energy Office (GEO), delivered a webinar presentation to University of Denver Sturm College of Law students that focused on distributed energy in Colorado, as well as the recent energy legislation. Mr. Futch presented highlights of the recent legislation, including:
  • Mandatory retirement of and pollution control systems on coal plants.
  • Minimum of 30 percent of total electric sales from eligible renewable resources by 2020.
  • Requirement that three percent of total energy must be obtained from distributed generation resources such as solar PV and small hydro systems.
In addition, Mr. Futch described the complexity behind Colorado’s electric power sector.

Mr. Futch’s presentation was arranged through the Law 4701 course, “Energy Policy and Economics,” which I teach. The webinar was open to all students and faculty, and those interested may access his presentation by clicking here.

Mr. Futch and the Colorado Governor’s Energy Office have played an active role with the College of Law. In addition to delivering periodic presentations and energy policy updates, the Colorado Governor’s Energy Office also hosts externships that are available through the College of Law Legal Externship Program.

DU is fortunate to host an engaging speaker like Mr. Futch, who is able to discuss these cutting edge energy issues. I highly recommend that those interested in energy policy take the time to review Mr. Futch’s presentation. The eyes of the nation are on Colorado to see how our new energy policy unfolds.

Ensuring stable energy prices is important to economic stability, since energy is used in virtually every production process. Innovative energy production also has the potential to jump start technological innovation and job growth. although these benefits may not be realized for quite some time.

Dr. Catherine Keske
Professor of Agricultural and Resource Economics
Colorado State University
Adjunct Professor
Sturm College of Law

Editor's note: In photo above, Matt Futch is on far left; College of Law Professor K.K. DuVivier is second from left; students are on the far right.

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