On October 11, 2009
Week in Renewables: Clean Energy Incentives and Brewing Political Storms
With the United States’ two major CO2-penalizing bills limping through Senate, new legislation and programs aimed instead at rewarding clean energy are popping up everywhere. Earlier this week I mentioned the European Commission’s idea to invest almost $100 billion over ten years to research renewables. That’s not where the fun ended, though. California, looking for a better way to spur solar energy along, also used this week to set up a Euro-style feed-in tariff for solar power, guaranteeing producers a higher rate. The Department of Energy joined in too, setting up about $8 billion more in loan guarantees for renewable energy. And approvals for new projects continue apace. Maine, for one, chose this week to approve its first large wind…
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