Monday, March 15, 2010
Solar Industry Learns Lessons in Spanish Sun
There are lots of lessons to be learned from the boom and bust solar market in Spain. This article in the New York Times highlights what can go wrong when a market is solely dependent on government subsidies. However, emerging markets need subsidies at first to create stability in that market. Even though the U.S. is behind Europe in terms of renewable energy production, I think we are in the position to shape the global solar energy market towards sustainable growth. So read the article and leave your suggestions on what are the best approaches the U.S. can do, from a public and private perspective, to assist and help shape the emerging solar industry.
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