14 Nov '11, 10pm

Why Doesn't Wall Street Get Renewable Energy? (Video)

Why Doesn't Wall Street Get Renewable Energy? (Video)

If you want to witness a snapshot of the vast chasm between how the establishment views the clean energy industry and how promising it actually is, look no further than this clip. In it, scientist, policy wonk, and author Amory Lovins is interviewed head to head with a leading Wall Street analyst. They discuss energy subsidies, whether the market is beginning to favor clean power, and the 'baseload' case against renewables that's so often trotted out by foes of wind and solar. Watch: (via Peter Sinclair ) This should give you some idea why it's so hard to gin up support for (now only marginally) costlier energy technologies that will pay off big time in the future. Just listen to the nature of everything the analyst says -- it's all about whether or not the clean energy companies will see acceptable earnings in Q3, how they can't compete with the heavily subsidized fossil ...

Full article: http://www.treehugger.com/economics/why-doesnt-wall-stree...

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