Policy conference highlights transformative reforms necessary to make clean energy competitive
WASHINGTON (January 10, 2013) - Clean energy is at a crossroads. Public investments have advanced the development of wind, solar and battery technologies but none of these options are currently cheaper than fossil fuels and have experienced only modest market penetration. A carbon tax and cap and trade are a non-starter in Congress, and though wind subsidies were recently renewed, the wind industry itself is calling for a gradual phase out.
The Information Technology and Innovation Foundation (ITIF) and The Breakthrough Institute are co-hosting Energy Innovation 2013, a conference designed to address these issues and present the whole-scale, systemic reforms that will promote creation of a true clean energy economy. The event will be held from 8:30 AM to 1:30 PM, Tuesday, Jan. 29 at the JW Marriott in Washington, D.C.
The conference will facilitate an in depth discussion of the state of current low-carbon energy options, their present and future market impacts, and the policies necessary to develop and deploy competitive technologies. Participants will include the New York Times reporter John Broder, Fred Krupp, President of the Environmental Defense Fund and Ray Rothrock, partner at pioneering venture capital firm Venrock, plus many more.
"The energy challenges we face, in particular climate change, are global in scale and need transformative clean energy technologies that are competitive with fossil fuels," notes Matthew Stepp, Senior Policy Analyst for ITIF and co-organizer of the conference. "This requires a cohesive energy innovation strategy and not the hodgepodge of subsidies, regulations and underfunded research budgets we have today."