Categorized | Renewable energy

Cleantech subsidy reform

Support is building for policies to encourage the growth of a globally competitive, subsidy independent cleantech sector in the United States, as moderate Republicans, industry insiders and analysts expressed keen interest in reforms that would drive production of cheaper, more innovative forms of energy.

With looming decreases and eliminations of federal subsidies and tax credits for clean tech, new policies and smart reform is needed. This includes more R&D and less subsidies.

  • http://www.LAokay.com/ Steve G

    If Obama even took away half of the oil industry subsidies and simply gave them to renewable energy companies, we would have clean, renewable energy in about 2 years or less. We need a 21st century energy solution. Magnetic energy looks like the winner for me. It can run in places with no water, no sunlight, and no external power requirement as it generates more power than it needs to keep running once it’s running.

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