in News Departments > New & Noteworthy
print the content item

President George Bush's recent speech on climate change emphasized the development and deployment of technology to reduce greenhouse gas (GHG) emissions, and he announced a new goal of stopping growth of U.S. GHG emissions by 2025.

"We must all recognize in the long run, new technologies are the key to addressing climate change," he explained. "But in the short run, they can be more expensive. And that's why I believe part of any solution means reforming today's complicated mix of incentives to make the commercialization and use of new, lower-emission technologies more competitive. Today, we have different incentives for different technologies - from nuclear power to clean coal, to wind and solar energy."

Bush recommended that these technologies be consolidated into one program and be:

- carbon-weighted to make lower-emission power sources less expensive relative to higher-emission sources,

- technology-neutral, and

- long-lasting and provide a positive and reliable market signal not only for the investment in a technology, but also for the investments in domestic manufacturing capacity and infrastructure that will help lower costs and scale up availability.

In a statement about the president's speech, Patricia Glaza, executive director of the Clean Technology and Sustainable Industries Organization, a group that promotes the commercialization and adoption of clean technologies, praised Bush's plan to use more technology to affect climate change.

"We don't yet have the answers that industry and the investment community are hungering for, including what is going to be regulated, who is going to regulate, and what the costs will be," she said. "But the dialogue is happening, and clean technology is at the center of attention."



Trachte Inc._id1770
Latest Top Stories

Eagle Take Permits For Wind Farms - Will They Fly?

Now that the U.S. Fish and Wildlife Service has issued the first permit allowing the legal take of eagles, can wind developers expect more certainty in the agency's application process?


Despite 2013 Challenges, U.S. Wind Power Reaches All-Time Low Price

In a new report, the U.S. Department of Energy details the highs and lows of the country's wind industry last year, and the agency maintains that the U.S. sector remains strong.


Mexico On Pace To Set New Renewables Investment Record

A new report says the country has spent $1.3 billion on clean energy in the first half of 2014 and could end up seeing a record year. Furthermore, wind power is slated for significant growth in the region.


IRS Issues More PTC Guidance, Easing Some Wind Industry Concerns

The Internal Revenue Service (IRS) addresses how much work is needed on a wind farm to satisfy production tax credit (PTC) eligibility.


Embryonic No More: U.S. Offshore Wind Industry Gaining Momentum

After a decade of fits and starts, the industry is moving closer to installing the first generation of wind projects off the country's shores.

Canwea_id1984
Renewable NRG_id1934
Tower Conference_id1965