22 Sep '11, 2pm

Challenges Remain for Financing Renewable Energy

Challenges Remain for Financing Renewable Energy

However, some in Washington, such as Energy Secretary Steven Chu, have voiced their support for the role government can play in developing new technologies, such as renewable energy through R&D, education and a clean energy standard. “Government has played an incredibly intimate role in all the technologies that led to prosperity in the United States and we must not lose sight of that fact,” Chu said recently. Despite facing a period of uncertainty, Chu urges the government to take action to reduce the deficit while continuing to make investments in clean energy. Until this happens, the renewables industry must contend with the uncertainty, as well the additional global political, regulatory and economic challenges, hindering growth and investor support.

Full article: http://www.environmentalleader.com/2011/09/22/challenges-...

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