Schwarzenegger and Solar Energy

California Gobernator Arnold Schwarzenegger launched a new version of his solar plan. “The most ambitious solar initiative ever proposed in the United States”—according to Vote Solar’s David Hochschild—would offer substantial rebates to homeowners who install solar panels, require big developers to offer solar as an option (10 percent of customers select solar if offered), and extend a solar-energy tax credit program. Last year’s “million solar roofs” initiative was defeated when developers objected to a proviso mandating that a percentage of new homes be built with solar. That’s gone from the new version; observers say the plans two implementation bills have a good chance of passing. California —already the third-largest solar market after Germany and Japan —looks set to become what Hochschild calls “the Saudi Arabia of sunlight.” From isource
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