The World’s Biggest Green Energy Projects
January 31, 2010
The U.S. and Europe have led the way in renewable power, but right now China has the grandest plans
By Jonathan Fahey at Forbes magazine
The U.S. government, desperate to add jobs to a feeble economy, is looking skyward for help: to the wind and the sun. “We should put more Americans to work building clean energy facilities,” Obama said to applause during his State of the Union address Wednesday. Solar and wind power projects tend to appeal to politicians on both sides of the aisle.
They are clean and domestic sources of power, and thanks to this government largesse, they are growing fast. The American Wind Energy Association reported last week that in 2009 the nation’s wind power grew 39%, and that it has grown by 39% annually for the past five years. It’s a similar story with other technologies, like solar power, and abroad, where generous government subsidies in Europe and huge government-backed projects in India and China are fueling growth. Read more