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The U.S. expects to earn $5 billion to $6 billion from a federal loan program, bolstering President Barack Obama’s decision to back low-carbon technologies.
President Barack Obama pledged deeper U.S. cuts in greenhouse-gas emissions and China will for the first time set a target for capping carbon emissions under an agreement between the world’s two biggest economies.
The transformation taking place in the electricity system is enormous, and the prescribed solution — a version 2.0 electric utility — offers a way for utilities to remain financially solvent, even profitable, in a massively decentralized and renewable energy system. The prescription is powerful: radically change the desired outcomes of the electri