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Renewables Myth-Buster Says Sector is Making Money for Investors

Wednesday, Jul 25 2012

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SNL Financial

While renewable energy is still a relatively young sector of the energy industry, advocates are praising its success, especially the progress made in recent years. But the sector is not without its critics.

According to the American Council on Renewable Energy, those critics may be skewing the story. To change that, the organization launched a website and Twitter feed to combat what it views as myths getting disseminated about the sector.

Dennis McGinn, retired vice admiral and ACORE president, recently spoke with SNL Energy about some of the biggest renewable energy myths and why the organization believes it is important to correct them.