Clean energy at a crossroads
Clean energy at a crossroads
The Observer 15th February 2009
Green power firms are cutting staff and scaling back plans as the supply of development cash dries up. Siemens, Clipper Windpower and even BP are among the big names that say they are reacting to a slowdown in the clean energy sector, which had hitherto seen massive growth. The credit crunch is starving wind and solar developments of urgently needed cash and the situation is being exacerbated by prices crashing to record lows in the carbon trading market. Read the full article at
http://www.guardian.co.uk/business/2009/feb/15/green-energy-cutbacks