Environment

We Just Keep Falling Behind in Clean Energy

The IntersectionBy Chris MooneyDec 9, 2010 6:16 PM

Newsletter

Sign up for our email newsletter for the latest science news
 

There's a new Pew report out about the tremendous potential for growth in the domestic (and global) clean energy industry. The projection is that it could be a $ 2.3 trillion industry by 2020--if the policies align. Potential U.S. growth is enticing (pegged at $342 billion in new investments by 2020) but only if we get our butts in shape and start creating the right incentives. Otherwise, we'll grow, but not nearly as fast. No matter what we do, though, China's growth is expected to be way higher....$620 billion new investment potential. You might think this would be a rallying cry, but you'd be completely wrong. There's no serious prospect of passing clean energy reform legislation in the next two years in this country. Just as we catapulted ahead in the late 1950s and early 1960s as a result of the threat posed by the Soviet launch of Sputnik, so we're plunging behind right now. It's sad to watch, and we're really going to regret it. More on the Pew report here.

1 free article left
Want More? Get unlimited access for as low as $1.99/month

Already a subscriber?

Register or Log In

1 free articleSubscribe
Magazine Examples
Want more?

Keep reading for as low as $1.99!

Subscribe

Already a subscriber?

Register or Log In

More From Discover
Recommendations From Our Store
Shop Now
Stay Curious
Join
Our List

Sign up for our weekly science updates.

 
Subscribe
To The Magazine

Save up to 70% off the cover price when you subscribe to Discover magazine.

Copyright © 2021 Kalmbach Media Co.