Posts Tagged ‘solar energy incentives’

Has US Surrendered on Comprehensive Energy Policy?

Thursday, May 19th, 2011

A business school professor gloomily forecast that the US will not have a comprehensive energy policy even in the next ten years. The President and CEO of the Siemens Corporation was less pessimistic, but still did not think it was possible to pass an energy policy at the national level until after the next presidential election. Business school professor predicted that eventually the US will follow the European Union and there is “no doubt that there will be a price on carbon.” He cited a study that there may have been a positive effect on GDP from the cap and trade policy in Europe. “China and India will shame the US into cap and trade.” With the global appetite for energy to burgeon over the coming years, a national policy on energy couldn’t come too soon.