Haynes and Boone's Newsroom
Paul Dickerson in Dallas Morning News article, "Obama's Push Toward Green has Some Texans Seeing Red"
05/24/2009
Obama's Push Toward Green has Some Texans Seeing Red
Dallas Morning News
The Obama administration's push to shift the country toward renewable energy and away from fossil fuels puts the Texas economy in the crosshairs.
Hopeful Texas Democrats and entrepreneurs say the change would open opportunities for the state's energy industry, while cutting the greenhouse gas emissions that are heating the planet. But even as Texas installs more wind power than any other state and boosts incentives for solar energy, fossil fuels reign.
Paul Dickerson, former chief operating officer for the U.S. Department of Energy, said start-up companies don't have the money or expertise to expand on the massive scale that the energy industry requires. That's why clean tech needs Texas Big Oil.
"The economy caused everybody to take a collective breath," said Dickerson, head of Haynes and Boone's new clean tech practice. "During that breathing space, Texas has an opportunity to get in."
Article excerpted from Dallas Morning News. For full text, click here.