CNNMoney.com reports that Former President Bill Clinton urged renewable energy to push ahead with efforts to make clean technologies cost effective and outlined steps the government and the private sector can take to usher in a new green era. The former US president delivered the keynote at Fortune’s Brainstorm Green conference in southern California yesterday, which drew a mostly corporate crowd from firms big and small.
Clinton highlighted the current recession and the economic challenges that it posed, but also said the nation should take advantage of the economic stimulus act to invest even more heavily in clean technology. He noted that China is doing just that: When measured as a percentage of its economy, China is engaged in a larger stimulus effort than is the United States.
“This thing will work itself out,” Clinton said of the deep recession. “The only way for us to come out of this in a better way than we went in is to change the way we produce and consume energy.” (Read more, watch video clips)