Colorado Energy Law News - Colorado Takes Bold Step Towards Achieving 100% Renewable Energy Goal by 2040

On June 3, 2026, Colorado made a significant stride towards its goal of sourcing 100% of its energy from renewable sources by 2040, as Governor Jared Polis signed a groundbreaking new energy legislation into law. The bill, known as the Renewable Energy Expansion Act, has been hailed as a landmark achievement in the state's efforts to combat climate change and transition to a clean energy future.Under the new law, Colorado is set to significantly increase its renewable energy capacity, with a focus on solar and wind power. The state aims to add 10 gigawatts of new renewable energy capacity by 2030, bringing its total renewable energy capacity to 25 gigawatts. This ambitious target is expected to not only reduce carbon emissions and combat climate change, but also create thousands of new jobs in the clean energy sector.In addition to increasing renewable energy capacity, the Renewable Energy Expansion Act also includes provisions to incentivize energy efficiency measures and promote the electrification of transportation. This holistic approach to decarbonizing Colorado's energy sector is seen as crucial in achieving the state's ambitious renewable energy goals.Governor Polis, a staunch advocate for clean energy, praised the new legislation as a "historic milestone" for Colorado. "By investing in renewable energy and energy efficiency, we are not only protecting our environment and public health, but also driving economic growth and creating new opportunities for our communities," he said in a statement.Environmental groups and renewable energy advocates have also lauded the Renewable Energy Expansion Act, calling it a bold and necessary step towards a sustainable future. "Colorado is showing true leadership in the fight against climate change," said Sarah Smith, director of the Colorado Renewable Energy Alliance. "This legislation sets a strong example for other states to follow in transitioning to a clean energy economy."As Colorado moves forward with the implementation of the Renewable Energy Expansion Act, the state is set to become a national leader in renewable energy production and innovation. With its sights set on achieving 100% renewable energy by 2040, Colorado is well on its way to a cleaner, greener future.
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