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Research News: Clean Energy

An Embarrassment of Riches

Monday, June 21, 2010   (0 Comments)
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Renewable energy is taking off in many places around the world. Growth rates of 30-50% in wind and solar have been the norm for the last decade in the US and around the world. Unfortunately, California has been stuck in neutral when it comes to wholesale renewables, relinquishing its early lead in the global renewable energy race.

The nations that have led the way on renewable energy in the last decade have used robust "feed-in tariffs” to create entire new industries. The litany is familiar to those in the renewable energy business: Germany, Italy, Spain, Ontario (a province in Canada) and now China.

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