Make or break for US renewables, says report
The clean energy sector has been a rare bright spot for the ailing US economy since the financial crisis took hold
Strong political support from the Obama administration and generous stimulus spending has fuelled a golden age for wind and solar technologies and led to a resurgence in the moribund nuclear industry. Non-hydro renewable electricity generation in the US, including nuclear power, doubled from 2006 to 2011, even if it still accounts for less than a tenth of electricity produced. But the good times could soon come to an end, though, as stimulus funds run dry and a host of subsidy programmes expire over coming years, potentially creating a ruinous “funding cliff”, a report from three think tanks has warned. The report, Beyond Boom and Bust: Putting Clean Tech on a Path to Subsidy Independence, w
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