The blockbuster tax deal is on deck. These things happen the year before elections as everyone goes home with something to show for. A small set of folks in solar have done the heavy lift with the voices of so many of you, and for that we need to commend ourselves. What we need to do now is keep up the pressure. The hype around the deal at COP21 is made possible by the price reduction and market expansion of solar because for the first time, clean energy is cheaper than volatile fossil fuel choice alternatives. So let’s redefine ‘alternative’ energy with strong tax and net metering policies, just like we pushed for through The Solar Pledge.
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Yann
I love the challenge that was presented by Bill Gates and other uber successful entrepreneurs. Take innovative technologies and deploy them! The reason for my enthusiasm is that I wrote about the need for early stake, technology agnostic capital a year and a half ago. And today, we have this challenge from the Energy Breakthrough Coalition, "private investors who will support companies that are taking innovative clean-energy ideas out of the lab and into the marketplace.” Either my blog made it up to Gates (I doubt it) or it’s just a great idea and an exciting day for every hardware inventor that sees some viable path out of the lab.
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Yann
Paris kicked off yesterday with speeches from world leaders and some new initiatives. Many of these centered around solar with India leading a global solar initiative (Go Modi!). One thing that separates Paris’ COP21 from previous conferences is the cost of solar. Making drastic investments (unsubsidized) into clean energy while realizing market rate returns is more possible today than ever before. Developing nations can participate without asking for handouts and that has a tremendous impact. Paris is different and should be the start of a new climate beginning. I will not be in attendance but my colleagues will be.
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Yann
Consider me enthusiastically excited about the Gates (and many others) Breakthrough Energy Coalition. I’ve been outspoken that Gates needs to focus on deployment of technology and not R&D and here is the key passage that makes my excited, "private investors that will take the risks that allow the early stage energy companies that emerge from the research programs.” Gates is not alone in this endeavor, he is joined by Bezos, Doerr, Zuckerberg, Khosla and many others that bring a plethora of experience. Let’s see who runs it and where it goes, plus more coverage from Paris this week.
Yann
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Yann