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Expert Analysis

Cleantech's 'Sputnik Moment': What's Next?

Law360 (February 14, 2011, 2:41 PM EST) -- In his Jan. 25, 2011 State of the Union[1] address, President Barack Obama spoke of a "Sputnik moment" for clean energy technology, or "cleantech." Invoking the wake-up call the United States received in 1957 when the Soviet Union surged ahead in the race to launch the first earth-orbiting satellite, the president's call to action was meant to spur U.S. innovation to develop better, cheaper alternative energy sources that can cost-effectively satisfy 80 percent of the country's electricity needs by 2035. The rhetoric is striking, but how can these goals be met, and what opportunities will this initiative create for companies and investors in this sector?...

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