Peter Behr of E&E News reports on a coalition of nearly 300 companies that are looking to lower the cost of clean energy.
- The companies will look to lower the cost of clean energy sources such as energy storage, geothermal, and hydropower, through investments and power purchasing agreements.
- The companies include Google, Microsoft, Walmart, and several others.
- Free markets and innovation are key to advancing clean energy solutions.
“The alliance, whose members also include Microsoft Corp., Walmart Inc., Amazon.com Inc. and General Motors Co., is specifically seeking to channel financial support to clean energy options such as long-term batteries, geothermal energy, hydrogen fuels, hydropower installations on existing dams, CO2 capture from gas-fired power plants and new nuclear reactor projects to help jump-start these technologies.”
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