Seeds of Opportunity
Summary
The document argues that rural American communities can diversify their local economies by engaging with the renewable energy transition. It projects that new wind and solar capacity could generate $220 billion in lifetime value for rural areas by 2030, with annual revenues potentially exceeding $60 billion, comparable to the combined revenues of corn, soy, and beef production.
Key insights
- Renewable energy capacity in the United States is projected to at least double by 2030, with the possibility of growing by a factor of seven or more if new policies leverage cost declines in solar and wind.
- Annual revenues from wind and solar projects could surpass $60 billion by 2030, a figure equivalent to the expected revenues from the three largest US agricultural commodities: beef, soy, and corn.
- The installation of approximately 600 GW of new wind and solar power between 2020 and 2030 is estimated to create $220 billion in lifetime value for rural America.
Cite the original document
- APA
- RMI (2021). Seeds of Opportunity. https://rmi.org/resources/seeds-of-opportunity/
- Chicago
- RMI. Seeds of Opportunity. 2021. https://rmi.org/resources/seeds-of-opportunity/.
- Wikipedia
- {{cite report |author=RMI |title=Seeds of Opportunity |date=26 January 2021 |url=https://rmi.org/resources/seeds-of-opportunity/ |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{rmi2021seeds, author = {{RMI}}, title = {{Seeds of Opportunity}}, institution = {RMI}, year = {2021}, month = jan, url = {https://rmi.org/resources/seeds-of-opportunity/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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