Dear President-Elect Trump,
For nearly two decades, we’ve been tracking and chronicling the transition to a clean-energy economy. While we know that we don’t see eye-to-eye with you on all of the issues, we wanted to send you the following “open letter” to update you on the clean-energy business opportunity, and what you might do as president to enable a massive infrastructure build out which supports American jobs and home-grown energy.
First, let us lay out some of the significant facts and figures regarding the transition to clean energy that’s taking place in the U.S. and across the globe:
- Global investments in clean energy have grown from $62 billion in 2004 to $329 billion last year, according to Bloomberg New Energy Finance.
- In the U.S., clean energy, in the form of solar and wind power, now represents the largest share of new additions to electricity capacity. In 2015, wind, solar, and geothermal sources represented nearly 63% of all electricity capacity additions across the country, outpacing natural gas at 34%.
- Many of the largest, most iconic U.S. corporations, such as General Motors, Google, Nike, and Walmart, are now working to achieve 100% renewable electricity in all of their U.S. and/or global operations. Companies that have reached at least one of these goals include Apple, Kohl’s, and Microsoft.
- Five states now have mandates and target years to get 50% or more of their electricity from renewable sources. And clean energy deployment crosses the red state/blue state divide. In fact, among the top 10 states last year for percentage of clean-electricity generation, six voted for you in the 2016 presidential election (Iowa, South Dakota, Kansas, Oklahoma, North Dakota, and Idaho), and four for your opponent.
- Americans of all political stripes resoundingly support clean energy. In the latest poll from Pew Research released last month, 89% of Americans favored expanding solar power, and 83% supported expanding wind farms. Backing this up, on Election Day pro-solar policies passed in Nevada, where voters moved forward a constitutional amendment that could break up utility NV Energy’s monopoly, and Florida, where voters rejected a measure that would have prevented third-party ownership of solar.