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There's a temporary plateau in the US, due to the temptation of believing in the current Natural Gas prices. In the meantime a lot of our political establishments (Oregon and Washington states for example) seem to recognize the true impacts of a fossil-fuel economy. Both states have published 'climate change' and renewable-energy strategies in the last few years that are strong statements.

Unfortunately, their incentives do not really support their rhetoric, but initiatives have established the mandates that will drive some transformation.

The good news for those of us trying to evolve the political economy is that your success, the Chinese investments in production and deployment, the new Japanese feed-in tariff, and the various RE developments around the world serve as the models that help to ground our rhetoric in reality. Thank you.

paul spencer

by paul spencer (paulgspencer@gmail.com) on Mon Jul 2nd, 2012 at 11:35:03 AM EST
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