NYT reports on the falling market fore renewable energy:
(A)fter years of rapid growth, the sudden headwinds facing renewables point to slowing momentum and greater dependence on government subsidies, mandates and research financing, at a time when Washington is overloaded with economic problems…..
Government funding for renewables is now going to have to compete with levels of government funding in other areas that were unimaginable six months ago,” Mark Flannery, an energy analyst for Credit Suisse, said.
I saw gas for $2.97 a gallon on S. Elm-Eugene today.
