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Oil Companies Want Gov't Help for Cleantech

suit-with-globe.jpgCambridge Energy Research Associates – called “as close as it gets to a proxy for conventional wisdom within Big Oil” by a Wall Street Journal blogger – just finished a new report that says global warming represents the world’s first serious challenge to the dominance of fossil fuels. Companies know this and are starting to do more about it.

While fossil fuels aren’t going away tomorrow, there’s ‘lots the government can do to encourage their adoption and further innovation: Put a price on carbon dioxide emissions, set standards for a certain percentage of our energy to come from renewables, and provide subsidies to encourage cleantech. While clean energy supporters have been saying this for years, does this sentiment from big oil mean we’re starting to see some enlightenment?

CERA

Wall Street Journal blog

 

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Written By

I hail from Saint Paul, Minnesota, home to a region full of renewable energy potential and innovation. A public relations professional by day and blogger by night, I have a background in energy policy and communications. I'm particularly interested in the private sector's leadership and innovations in renewable energy - I cover this in my personal blog, Maria Energia. I enjoy traveling, reading, downhill skiing, scuba diving, and anything related to food (growing it, hunting it, cooking it, eating it). Fun fact: I make a 2-second appearance in An Inconvenient Truth (at the 2 minute mark, I'm the girl who is riveted.)

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