U.S. Falling Behind in “Green” Businesses
According to a recent New York Times article, the United States is continuing to fall behind other countries such as China and Britian in the development and use of green techonologies designed to increase energy efficiency and lower greenhouse gas emissions.
One area in which this decline is obvious is in the number of houses that have had improvements to increase their energy efficiency. In Britian, over 80% of the older homes have had partial improvements by the year 2010, while estimates for the United States are in the 10-20% range.
A big reason for this difference is that government programs in other countries have given homeowners incentives to get the improvements. In the U.S., the largest program aimed at increasing the home energy improvement market, appeared in the 2009 stimulus act, whose funding has mostly expired.
The article states that it’s not too late for the U.S. to get back into the green energy market, but time is running out.