
Photo by Hans Gerwitz.
The International Energy Agency recently issued its annual progress report [PDF] on clean energy. Here's the five-cent version:
The transition to a low-carbon energy sector is affordable and represents tremendous business opportunities, but investor confidence remains low due to policy frameworks that do not provide certainty and address key barriers to technology deployment. Private sector financing will only reach the levels required if governments create and maintain supportive business environments for low-carbon energy technologies. [my emphasis]
Progress is inadequate -- relative to the goal of limiting global temperature rise to 2 degrees C -- on virtually every low-carbon technology except onshore wind and solar (click for a larger version of this chart):

With this nation facing a $15 trillion national debt, there is no shortage of opinions about how to move toward deficit reduction in the federal budget. One topic you will not hear discussed very often on Capitol Hill is the idea of ending one of the oldest American welfare programs -- the extraordinary amount of corporate welfare going to the nuclear energy industry.


