EXCERPT FROM THE JSFB. SUBSCRIBERS CAN READ THE FULL ARTICLE IN THE FEBRUARY 2014 EDITION.
In the U.S., domestic developments have made New Jersey the third leading state in solar energy. This reflects a changing energy landscape in which sustainability has become a global policy consideration. The long-term trend is towards the adoption of renewable energy as the answer to energy security and climate change. The U.S. has experimented with RPSs, resulting in a modest expansion of renewable energy. But inertia on the federal level has placed the burden of renewable energy development on the states, leading to geographically disparate development. As the state continues to succeed in this sector, it may likely be a model for the rest of the U.S. to follow. In fact, we note that this past month on the biggest Sunday of the year for the US, the Super Bowl was fueled by both the solar panels on the MetLife Stadium, and biofuels from the Renewable Energy Group. New Jersey has given us a glimpse of the future of energy in the U.S.