Renewable Energy Requires Renewable--And Plentiful--Funding To Meet Global Policy Goals
2225 words —
Published May 16, 2012
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| Abstract: | Not long ago, investment in all renewable-energy asset classes seemed like a low-risk proposition with politically supported goals of increasing energy independence and security, mitigating climate change, and, more recently, creating jobs. Countries worldwide have been adopting policies to aid investment in renewable-energy technologies despite strong opposition in many to the high cost of such programs. European policies have been supportive for years. The U.S. has provided more limited support for renewable energy but has recently added stimulus spending for it. China has been building such projects rapidly to counter its high reliance on coal, and Australia is about to introduce a carbon tax that will spur renewable-energy investment. Unfortunately, budget constraints and financial crises have introduced an element of |
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| Brief Excerpt: | RESEARCH Ratings Definitions PDF Renewable Energy Requires Renewable--And Plentiful--Funding To Meet Global Policy Goals Publication date: 16-May-2012 Primary Credit Analyst: Terry A Pratt, New York (1) 212-438-2080; terry_pratt@standardandpoors.com... |
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| Report Type: | Commentary |
| Sector | Global Issuers |
| Free Sample: | |
| Format: | | HTML |  |
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