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Congratulations to Marc Cutter - Hawaii Automobile Dealers ...

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AN AGGRESSIVE TRANSFORMATION<br />

The Kū‘oko‘a Plan frees Hawai‘i from its<br />

dependence on fossil fuels, creates a<br />

sustainable green economy and establishes<br />

a globally recognized cleantech industry.<br />

The world’s economy is becoming increasingly<br />

vulnerable <strong>to</strong> the price of oil. It was severely<br />

impacted in 2008 when the price of oil rose<br />

<strong>to</strong> nearly $150 a barrel. Hawai‘i was similarly<br />

a ected as it imports nearly 53 million barrels<br />

of oil annually. With peak oil on the horizon,<br />

Hawai‘i has begun its energy transformation.<br />

In line with the Hawai‘i Clean Energy Initiative<br />

(HCEI), the Kū‘oko‘a Plan will take an even more<br />

aggressive approach <strong>to</strong> utilizing its robust<br />

renewable resources <strong>to</strong> ensure 100% energy<br />

security within 10 years.<br />

FREEDOM FROM FOSSIL FUEL<br />

The Kū‘oko‘a Plan frees Hawai‘i’s economy<br />

from fossil fuel within a decade, relying on<br />

indigenous, renewable energy sources like<br />

geothermal, wind, solar, biofuels, and ocean<br />

thermal conversion, while enabling air and<br />

ground transportation <strong>to</strong> move more quickly<br />

away from fossil fuel.<br />

The plan also embraces an innovative power<br />

distribution network, establishing a reliable<br />

statewide power grid system. In conjunction<br />

with a portfolio of renewable technologies,<br />

there is more than enough geothermal energy<br />

available on the islands of Hawai‘i and Maui <strong>to</strong><br />

provide rm power for the entire state.<br />

CREATING ECONOMIC STABILITY<br />

The Kū‘oko‘a Plan will decrease and stabilize<br />

the cost of electricity statewide by using<br />

geothermal energy as its core base load.<br />

Besides retaining the billions of dollars<br />

that is spent on importing fossil fuels, the<br />

Kū‘oko‘a Plan will also grow the economy<br />

by generating and exporting energy<br />

worldwide. In doing so, the Kū‘oko‘a Plan<br />

creates new jobs, generates new revenue<br />

and adds signi cantly <strong>to</strong> the state’s tax base<br />

while enabling the development of many<br />

renewable energy projects.<br />

CREATING CLEANTECH INDUSTRY<br />

The Kū‘oko‘a Plan will create a cleantech<br />

sec<strong>to</strong>r which will provide sustainable 21st<br />

century jobs. Additionally, the Kū‘oko‘a<br />

Plan supports STEAM (Science, Technology,<br />

Engineering, Arts and Math) education<br />

and research in high schools and higher<br />

education institutions, which will in turn<br />

create a workforce of the future and<br />

stimulate the creation of new businesses<br />

in the renewable and clean energy sec<strong>to</strong>rs.<br />

Inspired and informed by the cultural and<br />

community values of Hawai‘i and its people,<br />

the Kū‘oko‘a Plan will free the <strong>Hawaii</strong>an<br />

economy from its dependence on fossil fuel<br />

and position the state as a global leader in<br />

cleantech and renewable energy.<br />

Learn more about the CleanTech Paradise at kuokoa.com.

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