Wednesday, December 30, 2009

Solar Could Generate 15% of Power by 2020, If US Ends Fossil Fuel Subsidies

The Result: 882,000 New Jobs, 10% Drop in Emissions

Solar power technologies could generate 15 percent of America's power in 10 years, but only if Washington levels the playing field on subsidies, a report by the Solar Energy Industries Association (SEIA) says.

That means either rolling back fossil fuel subsidies, as President Obama proposed earlier this year, or increasing subsidies for clean energy, the association says.

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