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The document argues that partnerships between U.S. cities and corporations can accelerate the clean energy transition by leveraging economies of scale and joint procurement to overcome barriers that individual entities face when procuring renewable energy.

The document analyzes China's policies to prioritize, fund, and deploy clean technology R&D and innovation. It argues that the pace of technological innovation depends on effective domestic policies, which are especially critical for major developing countries with accelerating emissions and limited R&D infrastructure. The paper aims to demonstrate how governments in developing nations can craft technology policies to leverage future international climate financing.

The document advocates for a U.S. national renewable electricity standard (RES) to reduce greenhouse gas emissions, lower energy costs, and position the U.S. as a global leader in renewable technology. It proposes a framework including legally binding targets for all suppliers, eligibility requirements focused on environmental improvement, national sourcing of certificates, and the ability for states to set higher targets.