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...government doing more to scale up renewable power? Blame our political system, which Al Gore recently described as "sclerotic at a time when these crises require boldness." Case in point: the federal tax credits for renewable energy, which are set to expire at the end of the year. Passed as part of the 2005 energy bill, the credits encourage businesses to invest in alternative energy. Utilities that produce wind power earn 2 cents for every kilowatt generated over the first 10 years of a project's operation. For solar energy, tax credits can be worth...
...lost job opportunities in the U.S. That's because renewables, while getting cheaper all the time, still cost more than fossil fuels. Subsidies can help bridge the gap as renewable technology improves - but that will happen only if businesses can produce solar or wind power at scale, which will happen only if investors can be assured that the tax credits won't suddenly disappear, says Rhone Resch, president of the Solar Energy Industries Association. (Hear Resch talk about the renewable tax credits on this week's Greencast...
...Gore was right. For all the hot air expended talking about climate change, global greenhouse gas emissions continue, at a rate of about 70 million tons a day. The gap between the scale of the threat posed by global warming - it is potentially civilization-altering - and the solutions so far proposed - change a light bulb - are obvious and disheartening. Gore realized that back in December. "We have to abandon the conceit that isolated personal actions are going to solve this crisis," he said. "Our policies have to shift...
...called on Americans to completely abandon electricity generated by fossil fuels within 10 years, and replace them with carbon-free renewables like solar, wind and geothermal. It is a bold plan, almost to the point of folly. But at the very least, it's one that certainly matches the scale of his rhetoric. "The survival of the United States of America as we know it is at risk," he said. "The future of human civilization is at stake...
...Though both cases have been assigned the lowest rating on the seven-point scale of nuclear accidents, officials are moving to protect France's nuclear reputation. Even before news of Friday's incident broke, French Ecology Minister Jean-Louis Borloo ordered inspections of all 58 French nuclear installations and checks on radiation levels in the underground aquifers surrounding them. Borloo stressed there was no grounds to anticipate additional breaches. "I don't want people feeling we're hiding anything from them," Borloo told the daily Le Parisien...