There is clearly a clean technology revolution at hand.
We need new financial vehicles that can deploy the capital required for rapid growth in clean technology industries. Clean technology initiatives is one catalyst to ignite the funding fire. Growth initiatives is what gives countries their competitive edge.
China is currently leading the world in clean technology's because China's central government has become very serious about supporting this effort with massive initiatives and subsidies to gain a first to market competitive edge. China is significantly ramping up its investment targets in clean technology.
The Chinese government is projected to invest over $ 700 billion in clean energy technology in the next decade. This coupled with technology innovation, low labor costs and high demand will drive the clean technology revolution in China.
To be a leader in the United States in clean technologies and have the benefits of a clean energy future, job creation, energy independence, manage climate change, pollution mitigation and economic competitiveness there has to be U.S. Federal involvement in investment and finance.
We need a collabrative funding model to include the cities, states and the federal agencies in the clean technology development and commercialization.
Understanding the impacts from a macroeconomic and microeconomic view point with transperancey at every level is the key to success.
We have to have a creative finacing model that is employed at the federal level for clean-technology providing a framework for deployment of these technologies.
It would require a long-term, predictable, federal regulatory and policy framework and support.
We need to enforce a strong federal renewable energy standard.
We have to have a major shift for energy subsidies away from fossil fuels to domestic clean energy technologies.
Joshua D. Mosshart
Cleantech Grants
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