Image credit:SolveClimate, via Deutsche Asset Management
SolveClimate tells us that Germany created 300,000 new jobs since 2000 in the renewable energy sector, with supply more than doubling over 6 years, resulting in "only modest electricity price rises." Here's the money quote that Congress should be thinking about.
Capital is a free-flowing system," Bruce Kahn a Deutsche Asset Management senior investment analyst and co-author of the report told SolveClimate. "If the U.S. is not an attractive place to invest in renewable energy, capital will flow elsewhere. The German example shows how capital can be attracted when there are a clear set of policies.More posts on renewable energy investment policy.
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