Friday, October 22, 2004

left behind on renewables

the developed nations of europe and asia have already passed us by, and threaten to leave us in the dust. oil and natural gas are price-volatile, politically unsustainable and environmentally troubling. if we wait for the GOP to catch onto this, it'll be too late:

Some of the shifting is the result of the volatility of oil and gas prices, says Steve Zwolinski, chief executive officer of GE Energy's wind energy division. "What's changed is energy security and fossil fuel volatility," says Mr. Zwolinski. However, he adds, "This is not just a knee-jerk reaction to a short-term price change, but it's people looking at energy reserves and environmental balance and the need for emerging economies to supply their growing cities."

- LH


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