Is the Clean Energy Revolution Here to Stay?
America’s energy landscape has changed dramatically in the last several years, and a new report predicts that sustainable energy will play an increasingly large role. The Sustainable Energy in America Factbook, researched and produced by Bloomberg New Energy Finance, found that between 2007-2014, carbon emissions from the energy sector dropped and investment in clean energy reached $386 billion. In addition, economic growth continued while demand for electricity stayed flat, meaning American companies were able to do more while using less energy.
This is only the latest in a series of studies showing the benefits of clean energy and energy efficiency. Nonetheless, there are movements at both the federal and state levels to roll back the policies that have helped wind and solar power grow. With so much at stake, we need to work harder than ever to build public and political support for solutions and protect our clean energy future.
Anastasia Pantsios, Contributor to EcoWatch
The third annual Sustainable Energy in America Factbook released today documents the continuing dramatic changes in how the U.S. produces, delivers and consumes energy, and makes some projections and predictions about the direction of the energy sector in the future. The report was researched and produced by Bloomberg New Energy Finance and commissioned by The Business Council for Sustainable Energy.
“To single out just a few tell-tale headlines from the hundreds of statistics presented in this report: over the 2007-2014 period, U.S. carbon emissions from the energy sector dropped 9 percent, U.S. natural gas production rose 25 percent and total U.S. investment in clean energy (renewables and advanced grid, storage and electrified transport technologies) totaled $386 billion,” the report said.
The report backs up what other studies have been showing—that despite strong resistance on the part of the fossil-fuel sector and some policymakers, a new way of thinking about energy is taking hold. The factbook points to four significant trends:
• the advance in infrastructure projects and technology to accommodate new forms of energy;
• more capital flowing to projects aimed at sustainable energy development with the U.S. attracting the second highest number of dollars after China;
• companies with high energy-related costs gravitating to the U.S.; and
• government policies that favor the development of clean energy sources
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