Industry Market Trends

Clean Energy Stakeholders Await Clarity from Fiscal Cliff and Presidential Reelection

November 21, 2012

Clean energy and jobs were one of the many issues that reelected President Barack Obama and Mitt Romney were on opposite sides of during the race. Romney was a strong proponent of coal energy and oil and gas drilling, and, though his campaign professed otherwise, was seen to be much less so for wind and solar energy. President Obama, of course, has championed green tech and clean energy jobs since the beginning of his first term, through federal subsidies and programs for the wind and solar industries, aiming at long-term energy dependence and growth of what he has repeatedly dubbed "tomorrow's economy." On paper, both private and public boosters of green technology and clean energy should be energized by another four years of Obama. After all, the president is clearly a proponent of both, and the assumption is that his administration will continue to push forward on renewable energy. And that give green jobs and employment in clean energy sectors a major lift. But according to several experts, there won't be any dramatic uptick anytime soon. Read More