San Diego aims decided on renewable energy

9 years ago - Published in Finance, Fundamental Analysis

San Diego has decided to focus on renewable energies.

The Californian city set in 19 years, the time frame necessary to become a model of sustainability: the aim of the ambitious Action Plan for Climate signed recently by Mayor Kevin Falconer expects the Californian city is fully powered from clean energy by 2035. To carry out this project, the next city budget will be allocated 127 million dollars to subsidize the increasing separate waste collection and recycling, sustainable mobility and savings, both energy and water, of course, the development of renewable energy, most notably photovoltaics.

The reform package aims to halve, by 2035, the greenhouse gas in the city. San Diego is the second city in the United States by number of solar plants, with 189 MW installed at the end of 2015.