03 Sep '12, 11am

Clean energy's puberty years - bewildering and irreversible | by @BloombergNEF Chief Executive @MLiebreich

CLEAN ENERGY’S PUBERTY YEARS – BEWILDERING AND IRREVERSIBLE By Michael Liebreich Chief Executive Bloomberg New Energy Finance “Between the idea And the reality Between the motion and the act Falls the Shadow” TS Eliot, The Hollow Men, 1925 These are difficult years for the clean energy sector. A few years ago the industry seemed to be entering a golden age of limitless growth and infinite potential, the arrival of a new Aquarian age of progressive environmental business. Barack Obama prophesied that his election as president would herald the moment “when the rise of the oceans would begin to slow, when our climate would begin to heal”. The arrival of the global financial crisis, coinciding with the failed Copenhagen climate talks, put an end to all that. For a while it looked like the sector might escape Armageddon, pivoting from sunlit optimism to industrial planning, co-...

Full article: http://bnef.com/WhitePapers/view/124

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