Some clean techsectors are overhyped, while others have unrecognized potential
by David L. Levy
When most people think about clean energy, solar and wind are the first things that spring to mind. Markets for these renewable energy sources have exhibited rapid growth of about 25-30% annually, and these sectors have attracted the lion’s share of venture capital [...]
By David L. Levy
Concerns about the future of the US clean energy sector were heightened last week when John Rudolf ran a New York Times article describing plans for a 600-megawatt $1.5 billion wind farm in West Texas. With construction set to begin in March 2010, the wind farm will use 240 2.5MW turbines manufactured [...]
But troubling outlook for manufacturing in the U.S.
by David L. Levy
Last week a student at our university sheepishly poked his head into my office and asked if I knew where the Center for Sustainable Enterprise and Regional Competitiveness (SERC) was located, as he was interested in the new University of Massachusetts clean energy programs [...]
by David L. Levy
Governor Deval Patrick of Massachusetts announced September 1st nearly $1 million in grants for educational programs that will enhance training for the state’s burgeoning clean energy industry. This is good news for climate change, for Massachusetts, and particularly for me, because a group I’m leading at the University of Massachusetts, Boston was [...]
How to finance large scale low-carbon investment
This guest contribution is by Daniel Goldman, Executive Vice President & Chief Financial Officer of GreatPoint Energy and co-founder of the early stage investment group, Clean Energy Venture Group. He has managed and invested over $4bn in energy technologies and projects and is a vocal advocate of financial solutions [...]
by David L. Levy
This summer the Union of Concerned Scientists published Climate 2030: A Blueprint for a Clean Energy Economy. The UCS plan is designed to reduce US greenhouse gas (GHG) emissions by 26% below 2005 levels by 2020, and 56% by 2030, putting the country on target for an 80% reduction by 2050. These [...]
by David L. Levy
Advocates of strong action on climate change have long argued that large-scale investments in clean energy will revitalize the economy and generate substantial employment, investment, and business opportunities. Last month my colleagues at PERI, University of Massachusetts, Amherst, Robert Pollin, James Heintz, and Heidi Garrett-Peltier, published a report (download pdf) titled The [...]
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