Monday, August 30, 2010

Getting It Wrong On Carbon Caps and Clean Tech Investment - Energy Source - How we power the world - Forbes

In a new article at the Washington Independent, Andrew Restuccia falls into the trap of equating the failed cap and trade bill with a proactive clean economy strategy that would drive considerable private investment in clean energy.

My colleague Jesse Jenkins and I warned about this last Friday, when we argued that cap and trade advocates would use recent news that Deutsche Bank is moving clean energy investment overseas as evidence that cap and trade would have kept investment in the United States.