February 16, 2012
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Energy & Renewables Newsletter February 16, 2012 |
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| This Week´s Featured News Stories |
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Favorable policies trigger continued renewable energy investment
US government support for its renewable energy sector will continue to attact investment and will cement America`s status as one of the largest producers of solar and wind power worldwide, according to a new study by business intelligence specialist GlobalData. The report notes that in recent years the US government has invested considerably in its renewable energy agenda, providing a supportive regulatory framework and financial backing for the growth and development of renewable sources to bolster energy security and independence, while addressing climate change issues ... | ||
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Obama budget proposal promises surge in clean tech investment
US President Barack Obama has underlined his desire to make the green economy a key election battleground, after yesterday unveiling a budget proposal for 2013 that includes a significant increase in support for clean energy and outlines plans to phase out fossil fuel subsidies.The proposals, which are unlikely to pass through Congress in their present form, put the President on a collision course with Republicans who are opposed to many of the administration`s efforts to bolster the US green economy.Most notably, the budget signals Obama`s intention to revive his long-standing plan to axe nearly ... | ||
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