A New Energy Economy Is Emerging In the USA
Posted by EcoFriendlyOct 27
A New Energy Economy Is Emerging In the USA
‘Renewable‘ seems to be the main tag of the new energy economy. In spite of the fact that funding seems to be drying up for green businesses (Reuters), the new energy economy is showing remarkable signs of progress.
“As fossil fuel prices rise, as oil insecurity deepens, and as concerns about climate change cast a shadow over the future of coal, a new energy economy is emerging in the United States,” says Lester R. Brown, President of the Earth Policy Institute, in a recent release, “New Energy Economy Emerging in the United States” . “The old energy economy, fueled by oil, coal, and natural gas, is being replaced by one powered by wind, solar, and geothermal energy. The transition is moving at a pace and on a scale that we could not have imagined even a year ago.
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