Copenhagen

Like many markets, the renewable sector has been hit hard by collapsing access to credit and newly skittish investors.

 

The silver lining however has been an unprecedented outpouring of public money into the marketplace, much of it earmarked towards building a greener global economy.

During a trip to Paris this week, Lisa Jackson, the Administrator for the US Environmental Protection Agency said that her country should, " take the lead on clean energy technology, recession or no."

 

Obama's early accomplishment of uniting auto-makers, workers, environmentalists, and governors to implement stringent fuel-economy standards for vehicles is only the beginning of a potential uphill battle for climate reform.

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