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Innovation

TechNet rolls out green tech agenda

TechNet has formalized its green tech policies into report, "Green Technologies: An Innovation Agenda for America.” The bipartisan group of technology executives came up with a long list of recommendations, ranging from standards for green house emissions to federal tax policy reform.
Written by Dan Farber, Inactive

TechNet has formalized its green tech policies into report, "Green Technologies: An Innovation Agenda for America.” The bipartisan group of technology executives came up with a long list of recommendations, ranging from standards for green house emissions to federal tax policy reform. 

For many reasons, mostly good, green tech--solar, wind, tidal, wave, small-scale hyrdro and geothermal power, and fuel cell technologies, and biofuels and biomass--is the new "black."

Venture capital money is flowing like a river into green tech startups. In support of developing a more vibrant innovation ecosystem, TechNet is recommending a doubling of federal funding on basic energy research and a federal focus on technology demonstration and commercialization activities. The report also recommends a lead federal agency to oversee the energy research and demonstration mission.

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On the tax policy front, TechNet recommends an increase in the level of incentives to spur new energy technologies and assist consumers in changing energy usage patterns, as well as establishing a minimum national Renewable Portfolio Standard.

The report also recommends a national program to reduce greenhouse gas emissions through a market-based systems and development of industry best practices to guide corporate contributions to a clean energy policy.

Bring on the tech funded lobbyists... 

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