Investment in clean energy in 2012 has dropped to its lowest levels since 2009 according to the latest renewable energy data from Ernst & Young. Several states are struggling to get wind energy projects off the ground and it is likely that a key federal tax incentive for wind projects will expire before next election. Renewable energy projects of all types are facing headwinds, China recently alleged that five US states are violating free-trade rules with their renewables projects ratcheting up a looming trade war between the two countries. Can renewables survive?
In the private sector, more businesses are implementing energy mixing strategies in order to cut rising energy costs. However, as wind and solar projects are sometimes cost-prohibitive to build and maintain, that energy mix may not be as beneficial as originally thought… Read more