The Pending Subsidy Cliff, And the Way Out
April 19, 2012 at 09:27 AM EDT
It's a daunting reality, yet one that's been years in the making. And it's a scenario that's shaping up from the wind-swept coasts of California to the solar rooftops of New Jersey. The renewables industries — all of them — are not only approaching a subsidy cliff. They already have one foot dangling over the edge.