March 17 -- For decades, nearly all energy production in the United States has been dominated by the fossil fuel industry. As oil traditionally drove the rise and fall of America’s GDP, legislators reacted to demand by implementing supportive tax policies for fossil technologies, sending over $7 billion in subsidies their way every year. But the relationship between energy and America’s marketplace is changing.
Most recently, a new report from the Department of Energy (DOE) announced that wind power alone could supply 35 percent of U.S. electricity by 2050. Like others, that DOE projection is based on a growing demand for renewable power—that is, if the current demand is given the opportunity to play out. >>View Article