Saturday, November 12, 2011

US = Spain?

An article in today's NYT looks at the large number of subsidies available for producers of solar and other alternative energy and concludes that the US will see real benefits from the major investments that have been made in these areas over the past few years. However, the glut of spending, mostly from the stimulus funds spent over the past few years, has been pretty inefficient: industry could have done more solar with less money if the incentives had been structured better. Let's just hope we're not building a house of cards like they did in Spain!

No comments:

Post a Comment