Renewable energy development requires strong government incentives

Growth of US Renewable Energy and Government Policy

Renewable sources of power production are growing, but they are very far from being able to meet America’s energy needs. The US spends roughly $1 trillion each year, or 10% of gross domestic product, on the fuel needed to power its economy. An Environment America report, called The High Cost of Fossil Fuels, predicts that by 2030, the US could spend as much as $1.7 trillion a…

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