GLG News Analyses of the following article:
Senator Kerry introduces Clean Energy Jobs & American Power Act: where is the RPS?
Published at: www.examiner.com
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New Climate Change Bill Lacks Critical RPS for Renewables
October 7, 2009
As stated in this source article, the various renewable energy industries such as solar are in desperate need of investor confidence and a guaranteed future market size to work towards, amidst a glut of oversupply at this time. A well-defined national RPS in the new climate change bill would lead to increased R&D into more cost-effective and efficient technologies and the formation of a complete domestic supply chain for renewables to support predictable future growth.
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