US Needs Green Energy Incentives, House Panel Told

Law360, New York (September 22, 2010, 4:44 PM EDT) -- The United States is at risk of falling behind other countries in the development of clean energy technology because people are fearful of investing when the country lacks a consistent policy framework, witnesses said at a U.S. House of Representatives hearing Wednesday.

Speakers at the select committee on energy independence and global warming — including Deutsche Asset Management's global head of climate change investment research — said the U.S. was losing jobs and innovation because it lagged behind other countries in terms of available incentives and...
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