America is embracing renewables, slowly. In 2016, Massachusetts passed a law promoting a huge investment in wind and hydropower; the first megawatt is expected to hit the grid in 2020. Early this year New York State announced plans to spend 12 years building the infrastructure for a $6 billion offshore wind power industry. Hawaii has pledged to be powered entirely by renewable energy—in 2045. Atlanta’s goal is 2035 and San Francisco’s is 2030. Typically, plans to convert to sustainable energy stretch on for decades.
Additions of small amount (0.5 weight %) of nanoreinforcement (carbon nanotubes or nanoclay in the polymer matrix of composites, fiber sizing or interlaminar layers can allow to increase the fatigue resistance, shear or compressive strength as well as fracture toughness of the composites by 30–80%. Research has also shown that the incorporation of small amount of carbon nanotubes/CNT can increase the lifetime up to 1500%.
Climate change concerns coupled with high oil prices and increasing government support are driving increasing rates of investment in the sustainable energy industries, according to a trend analysis from the United Nations Environment Programme. According to UNEP, global investment in sustainable energy in 2007 was higher than previous levels, with $148 billion of new money raised in 2007, an increase of 60% over 2006. Total financial transactions in sustainable energy, including acquisition activity, was $204 billion.