Army to Invest $7.1bn in Clean Energy Through Private Sector

Read the full post at Treehugger.

I was pleased to see the British army investing in beekeeping as an alternative to opium farming in Afghanistan. But that spending pales into insignificance compared to the money the US military is planning to plow into clean energy in coming decades. Brian already wrote about the potential for the military to bring solar to the masses, Matthew talked about $3.6bn in stimulus money that would be used to green the military, and now the army has launched a dedicated clean energy task force that will invest as much as $7.1bn in the next 10 years in renewables through the private sector.

Business Green reports that the newly formed Energy Initiatives Office (EIO) Task Force is charged with finding private sector partners to reach ambitious clean energy goals. With a target already identified of using renewables for a quarter of its energy needs by 2025, the army is acutely aware that it needs to invest in large-scale power projects, and it needs the help of the private sector to do so.

Leave a Reply

Please log in using one of these methods to post your comment: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: