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

Law360, New York (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...
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