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Follow the money

A few days ago I mentioned my belief that wind energy had reached a tipping point, and that the industry was poised for some remarkable growth.

A column in RenewableEnergyAccess makes note of two of the tipping factors that have caught my attention. First, recent spikes in traditional energy costs have removed the premiums that consumers pay for wind power in some parts of the United States. Second, some of the smarter players on Wall Street, including investment bank Goldman Sachs, have taken stakes in wind power.

Read the column. See if you agree with author Lester Brown’s theory that “wind energy is emerging as a centerpiece of the new energy economy.”

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