Monday, February 7, 2011
Supply and Demand
The demand for clean energy has surged within the passing years. More and more countries are beginning to invest more of their GDP in transitioning to clean energy. But it seems as though the supply, or infrastructure, is not adequate enough to fulfill the demand. I say this based off of two things. President Obama very much emphasized his interest in clean energy during his speech at the State of the Union. Now he has promised new tax incentives, government investment, and revamped regulations for energy efficiency. I don't think President Obama would be so fired up about clean energy if the supply was meeting the demand. The President is urging Americans to invest in clean energy, thus there is demand for it from his perspective.
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As there is a shortage, why do you think President Obama promised new tax incentives and government investment, (Fiscal policy) to help the situation?
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