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Reuters: Government support for renewable energy must end gradually and in tandem with cuts in fossil fuel subsidies, say investors and lobbyists who complain bitterly about unpredictable chopping of incentives.
Most green energy sources still struggle to compete with fossil fuels except in favorable areas, for example for onshore wind in coastal areas of western Europe or in Texas.
Supporters accept low-carbon incentives will come to an end in line with the falling costs of green technologies, but......
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Green energy can wean off subsidies, gradually
Posted by Washington Post: Juliet Eilperin on May 5th, 2011
Posted in Water Conservation