Global environmental challenges
But executives at the two largest U.S. solar power companies took a shine to the statement, which clears the way for federal regulation and came as a global climate summit opened in Copenhagen. Now they’ll keep their eyes on Congress to act on future legislation.
First Solar’s chairman and former chief executive Mike Ahearn called the EPA’s move “an affirmation of the administration’s commitment to addressing climate change.”
“We look forward to a comprehensive legislative proposal next year that will provide a policy structure that combines putting a price on carbon emissions with rapid deployment of sustainable, non-emitting energy sources,” Ahearn said in an email.
When California’s SunPower and China’s Suntech strode onstage at an industry conference last week, onlookers braced themselves for a bit of sabre-rattling, or at least an animated debate about two global superpowers’ role in solar energy.
Some bet on an entertaining battle of words just a day after Robert F. Kennedy, Jr took to the stage at the Solar Power International conference in Anaheim, California and said that the United States was in an “arms race” with the Chinese to make solar panels.
As part of Reuters new Green Business section, we have chosen a diverse group of companies to serve as a proxy for the emerging green technology sector. Over the coming months we’ll be discussing each of them at length, and rebalancing our portfolio to reflect trends in the industry.
Click here to see our portfolio in action. You can track our performance against benchmarks, comment on our choices, and create a portfolio of your own.