Colorado governor touts state’s ‘new energy economy’ at peak oil conference

Colo. gov touts ‘new energy economy’ at conference

DENVER — Colorado Gov. Bill Ritter says his state’s efforts to build a new energy economy can provide a model for addressing climate change and other challenges facing the country and world.

Ritter spoke Tuesday on the last day of the Association for the Study of Peak Oil and Gas conference in Denver. Subscribers to the “peak oil” theory say the world is at or near its maximum oil production and that demand will soon eclipse supply levels.

Ritter says Colorado’s promotion of clean energy technology has paid off in creation of jobs and one of the best research and development corridors in the country. He says renewable energy sources as well as natural gas are part of the energy future.