Thursday, August 7, 2014

USA:

The Corporatization of US Green Energy: a Double-Edged Sword Worth Billions (The Guardian)

As tax breaks and incentives for renewable energy increase, corporations are entering the green energy landscape


There’s a popular meme that surfaces on green energy blogs, forums, and Facebook pages. The gist is that large corporations love oil and gas because they can own and control it. They’re against renewable energy because no-one can own the sun or wind.

The problem for anti-corporate green-energy campaigners is, increasingly: the meme isn’t true.

As the materials for producing wind and solar energy become cheaper, tax breaks and incentives for renewable energy increase, and the prospect of finding more oil and gas becomes weaker, corporations are entering the green energy landscape to the tune of billions of dollars.

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