Windmills near farm

Two events in June pointed to a better future for the alternative energy sector, according to a recent CNBC.com article 

New Regulations Boost Renewable Energy

July 5, 2013

Windmills near farm

Two events in June pointed to a better future for the alternative energy sector, according to a recent CNBC.com article. President Obama announced new measures to combat carbon emissions, and an International Energy Agency report predicted that renewable energy will surpass natural gas and nuclear as a source of electricity by 2016.

Coal remains a major source of electricity in the United States, but more stringent regulations against coal may provide a boost for clean energy technologies, as ACSF Faculty Fellow Norm Scott (BEE) explained:

I see coal as sort of having lost the battle here. . . . In every case renewables’ cost is coming down at a pretty substantial rate, particularly in solar and wind. I don't think you're going to have many coal plants developed at this time.

Read more about new policies and prospects for clean energy.