Two New Sustainable Business Trade Associations:Renewable Energy & Biobased Products

Welcome ACRE!It’s time for Renewable Energy to go mainstream and that’s the charge of the brand new trade association, the American Council for Renewable Energy (ACRE). The trade association covers all renewable energy technologies: solar, wind, hydro, biomass, geothermal and waste energy, and biofuels and hydrogen systems; and secondarily, related technologies such as energy efficiency, energy storage, and hybrid energy systems that enhance the value of renewable energy. Most importantly, ACRE plans to “open up a gateway” to the media and to the financial community long needed in the renewable energy community. An organizing conference convened on July 10-11 in Washington DC. to develop a common vision for the Renewable Energy industry. Much of the discussion at the conference focused on creating incentives for using renewable energy through the best methods to date – Federal Renewable Portfolio Standards (RPS) and extending Production Tax Credits (PTC) beyond wind energy. Representatives from the investment community believe these incentives coupled with strong, continued government research and development funding for promising new renewable technologies will facilitate financing and investment in new firms and large scale projects. The bottom line, though, for strong growth in this sector is the price of the technologies. American Council […]

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