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U.S. Slips in Clean Energy Race - FL Implications

Germany has pushed the U.S. down a notch, according to rankings listed in a new report that tracks investments in the clean-energy sector. The U.S. is now third, Germany second and China is number one, according to a study released by Pew Charitable Trusts. The research finds a link between investments and robust clean energy policies.

Link: The complete report, "Who's Winning the Clean Energy Race?" is available here. (3.7mb)

Kathy Baughman McLeod, who is serving her second term on the Florida State Energy Commission, says Florida is a perfect example of the problem.

"It's not surprising to see us fall to third, and Florida is not where we could be. We have the interest, the private-sector motivation and the technology we need. We do not have the political courage to push to the next level."

She says Florida's lack of political courage is underlined by the legislature's recent action to abolish the whole state energy commission, effective July 1.

Bloomberg New Energy Finance Chief Executive Michael Liebreich compares the clean energy race to the Internet race, saying it's important for the U.S. to be the leader.

"If you can imagine a world in which Google, and Twitter, and eBay and Amazon are all Chinese companies, how does that work for the U.S. economy?"

The Pew report notes that clean-energy investments are up 30 percent globally, and the U.S. remains a leader in developing the next generation of clean energy technologies and products.

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