Renew On Line (UK) 26 |
Extracts from the May-June
2000 edition of Renew |
||
Welcome Archives Bulletin |
9. International Clean Energy InitiativeWith the US presidential elections coming up this autumn and his term of office coming to an end, President Clinton seems keen to make one last bid to get some progressive energy policies through the republican deadlock. So he is proposing a Clean Energy for the 21st Century: International Initiative to accelerate the development and deployment of clean energy technologies around the world, with a budget of a $200 million multi-agency effort, more than twice the existing allocation. Its portrayed as a way to encourage open competitive markets and remove market barriers to clean energy technologies in developing and transition countries (i.e. ex-Soviet) and to provide new incentives for clean energy technology. This initiative will, it is argued, promote U.S. exports and create high-value jobs, and will help countries power their economic development while fighting air pollution and climate change. It has been pointed out that developing country energy use will overtake that of industrial countries in the next 2 years, and that these energy technology markets are projected to total $4 to $5 trillion over the next 20 years and $15 to $25 trillion over the next 50 years. Developing country energy use is expected to account for three-fourths of the increase in global energy use between now and 2050. Advanced, low-polluting energy technologies can, it is argued, provide these energy services efficiently, but existing markets often do not value these benefits. In addition, environmentally superior options often carry higher up-front costs, may be unfamiliar, or are perceived as more risky by decision-makers in developing countries. The initiative builds on a recent set of recommendations by the President's Committee of Advisors on Science and Technology (PCAST) and is directed at levelling the playing field between cleaner U.S. energy technologies and services and polluting alternatives. The initiative aims to help lay the technical and policy foundation that will allow developing and transition countries to build a clean energy future, leap frogging past the polluting energy technologies used by the industrial countries, while building competitive markets open to U.S. firms. The goals of this initiative include:
|
||||||
|
||||||
|
||||||