December 18, 2009
Better Late Than Never
The Center for American Progress came out with a new report last week entitled "Out of the Running? How Germany, Spain, and China Are Seizing the Energy Opportunity and Why the United States Risks Getting Left Behind." Sound familiar? Renewable Energy World thought so and they had this to say about the report:
This is not exactly news. Rising Tigers Sleeping Giant, a Breakthrough Institute 2009 report, showed that U.S. New Energy R&D spending is embarrassing in comparison to that of important Asian economies. (See ASIA, THE U.S. AND THE NEW ENERGY RACE) Investing in Climate Change 2010, a Deutsche Bank 2010 study, showed that investments in the New Energy economy pay better than the economy as a whole but require favorable policies and incentives to put them on a level playing field against the entrenched Old Energies.