Israel’s clean tech advances attract foreign investors’ green
Spurred by skyrocketing oil prices and growing interest in energy alternatives, a wave of new companies and investors are scouting out new clean technologies in Israel.
Spurred by skyrocketing oil prices and growing interest in energy alternatives, a wave of new companies and investors are scouting out new clean technologies in Israel.
Industry observers say more aggressive government policies, such as underwriting renewable energy initiatives and granting more land for power plants, are needed to bolster the development of alternative energy.
Under the proposed U.S.-Israel Energy Cooperation Act, scientists and engineers from both countries would focus on research, development and commercial use of renewable energy from solar, wind, hydrogen and biofuel sources.
The following are remarks and an amendment introduced by Rep. Henry Waxman (D-Calif.) on March 19 to the House Energy Subcommittee that propose an alternative energy strategy for the United States.