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Monday, December 5, 2011

postheadericon Weathering the challenges ahead for renewable energy

There’s a chill in the air that hints at the stormy weather ahead for renewable energy. After several years of success, the political winds have shifted and the water has grown choppy. We’re entering an election year when Americans are sincerely worried that our nation has lost its way in a world that looks increasingly unstable. In the resulting atmosphere of uncertainty, America’s rudderless energy policy stokes suspicion and fear.

What’s worse, our leaders seem incapable of pointing us in an inspiring direction. Despite polls that show widespread public support for renewable energy from both Democrats and Republicans, the industry has fallen victim to political gamesmanship and bi-partisan gridlock.
 
In some ways, the current environment feels a little bewildering because of the success we’ve had over the last few years. Whether through luck or design, the intersection of a few state RPSs and federal tax credits delivered a potent form! ula for demand that also facilitated large flows of capital across the value chain. A whiff of progressive optimism didn’t hurt either.

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