For much of the world, Europe seems like the poster child for responsible renewable energy policies. Unlike the U.S., which is embracing shale oil and natural gas, Europe has made little progress in developing alternative fossil fuel supplies. Part of that is due to geography, but part of it is surely due to the high level of concern for the environment as well.
While China and India continue to suffer from substantial pollution issues, Europe is for the most part a green-continent and one that is constantly pushing the envelope with environmental policies like its emissions trading system. At least that is the perception. Continue reading