What Obama presidency means for clean tech

[jpak]

http://news.cnet.com/8301-11128_3-10082064-54.html

Energy and environmental policy is poised for dramatic change under an Obama administration even with a slumping economy.

With the incoming administration and Congress, renewable energy advocates and environmentalists said they anticipate a comprehensive national energy plan focused on fostering clean-energy technologies.

"The election is over. Now the hard work begins," wrote Dan Farber, a professor of law at the University of California at Berkeley and a member of the lobbying group Cleantech & Green Business for Obama. "Change is on the way."

<snip>

Renewable energies. Obama has called for a national renewable portfolio standard to mandate that utilities get 10 percent of electricity from renewable sources--wind, solar, and geothermal--by 2012, and 25 percent by 2025. "That's the backbone the country needs to invest in," said Rhone Resch, president of the Solar Energy Industry Association.

<much more>