By Kenneth Rapoza, CPA Industry Analyst Wall Street has its eyes on the global solar industry as China's Xinjiang province is increasingly in the spotlight...Read more
Renewable energy industries are vital for America in the 21st century. The US must have a diversity of energy sources including solar power, wind power, hydroelectric, and fossil fuel. We must have the capability to manufacture the vital equipment and supplies in each sector because a healthy energy sector is essential for national and economic security.
For much of the 20th century, the US was dependent on oil supplies from foreign nations, at great cost to our economy, our national security, our foreign policies, and our pocketbook. We must ensure we are never again in that position. We can do that by creating the conditions so that the two most important growth sectors in energy, solar power and wind power, are produced here with equipment and technology developed and located here in America.