Five Friday Facts | 2nd Green Revolution

Five Friday Facts

Figure Five

  • The United States is likely to install just one-eighth as much new solar power this year as Germany.
  • China is expected to surpass the United States this year as the leader in adding new wind energy capacity.
  • General Electric, which has 10,000 wind turbines in the United States, says that to encourage growth in the wind industry, the nation should adopt a target of obtaining 12 percent of its energy from renewable sources by 2012.
  • Some note that even with the administration’s recent moves, it has spent less than one-fourth of the $80 billion clean energy component of the stimulus package. Administration officials boast that the $80 billion figure is by far the largest amount ever committed to renewable energy.
  • Solyndra, a company that makes solar photovoltaic panels in Fremont Calif., received a $535 million loan guarantee to finance a manufacturing plant, creating 3,000 construction jobs and 1,000 permanent jobs.

Source: New York Times

- 2nd Green Revolution

[image credit: Metropolitan Museum of Art]

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