Monday, April 30, 2012

Clean Energy Investment Must Change - Reward Innovation not Production

Clean Energy Investment Must Change - Reward Innovation not Production

Over the last five years, the world's largest nations collectively engaged in a massive policy experiment: what happens when governments triple the historic rate of public investment in clean energy?In the U.S., taxpayers will have spent $150 billion between 2009 and 2014, three times more than we did between 2002 and 2007, according to a comprehensive new report, Beyond Boom and Bust, co-authored by Breakthrough Institute with scholars from World Resources Institute and the Brookings Institution.The U.S. wasn't alone. China increased its clean…Read more...

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