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US renewables sector can meet Obama challenge – analysts
2009 January 16 Friday 10AM —
WBCSD
Environmental Finance, 15 January 2009 - The US renewable energy sector is capable of meeting President-elect Barack Obama's pledge to double US production within three years, but the ongoing financial crisis will challenge the industry in 2009, analysts and industry experts said. Currently, renewable energy sources comprise 7% of the US energy supply, according to the US Energy Information Administration. In a speech last week, Obama reiterated his pledge to make development of the sector a major part of his economic stimulus package.