Clean-energy facts
- Last Updated: 12:28 AM, July 31, 2012
- Posted: 10:47 PM, July 30, 2012
In her attempt to discredit perfectly viable clean-energy resources, Liz Peek neglects to provide the facts on economically sound renewable-energy technology (“Look at What Really Cuts Out Carbon,” PostOpinion, July 26).
Contrary to Peek’s claims, renewable energy is booming, as solar-power installations grew by over 100 percent last year and wind energy accounted for 35 percent of all new electricity-generating capacity since 2007.
In addition, clean-energy prices are falling, with the cost of installed solar down by 20 percent over the last year alone.
Consider the $48.1 billion worth of clean-energy investment in the United States just last year. From Warren Buffett to Goldman Sachs, billions of dollars of private investment are pouring into renewable-energy companies, creating domestic manufacturing jobs.
While natural gas is inexpensive now, renewables will provide a solid energy platform for the future while creating thousands of jobs today.
Dennis McGinn
President and CEO
The American Council
on Renewable Energy
Washington, DC
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