Saturday, July 9, 2011

The Coming Cleantech Crash

Posted: 08 Jul 2011 10:50 AM PDT
The global clean energy industry is set for a major crash. The reason is simple. Clean energy is still much more expensive and less reliable than coal or gas, and in an era of heightened budget austerity the subsidies required to make clean energy artificially cheaper are becoming unsustainable.

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