Friday, March 05, 2010

The Global Green Energy Race


America is falling short. Here's how it can catch up.

In the new decade, who is going to take the gold in the global clean energy market? Is America even in the running?

The answer is that the U.S. is behind in clean energy, but it's certainly not out of it. The nature of American ingenuity, its market system, and the fact that it's the best place to start a business means that even if it's lagging, that can be turned around quickly.

Experts note that the U.S. trails in part because it doesn't invest enough in clean energy research and development; it hasn't put a price on carbon; and it doesn't have long-term incentives that provide investors certainty. All this is true.

See full Article.