No Turning Back
With momentum for renewable power at an all-time high,
manufacturers in alternative energy sectors seek out
new locations for factories.
b y R O N S T A R N E R
r o n .
s t a r n e r @ c o n w a y .
c o m
Which event was the tipping point...
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No Turning Back
With momentum for renewable power at an all-time high,
manufacturers in alternative energy sectors seek out
new locations for factories.
b y R O N S T A R N E R
r o n .
s t a r n e r @ c o n w a y .
c o m
Which event was the tipping point for the alternative energy movement?
Was it Dow Chemical Company s announcement May 28 that it would raise the price of all of its
products by up to 20 percent, driven by rising energy, feedstock and transportation costs?
Was it Cistern Enterprises President Ned Harvey s prediction April 21 that the construction of
another major coal plant in the U.
S.
in the next four or five years is unlikely?
Was it Goldman Sachs estimate that consumers worldwide now transfer US$1.
8 trillion of
their wealth every year to oil companies – or was it simply the crunch the average driver felt
when gas prices in many cities exceeded $4 a gallon?
Whatever the impetus, one thing is certain: the world is now in the middle of a recordbreaking investment
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