PG&E could make lemonade
by investing in renewables
Re: “Don’t let local weather change thwart state’s local weather targets” (Opinion part, Web page A14, June 9):
V. John White’s op-ed stresses that “it’s essential that we uphold our environmental commitments, that are the very best instruments we have now to guard our state in opposition to future climate-driven disasters.”
Whereas decreasing emissions is essential, there’s an equally robust case that investing in renewables is vital to sound financial restoration for PG&E.
A major driver for the vitality transition is the truth that renewable vitality will likely be cheaper than fossil fuels by 2020.
David Giordano, a managing director on the world funding administration agency BlackRock, predicts that declining prices “will make wind and photo voltaic the dominant supply of recent energy era coming onto the grid for the foreseeable future.”
PG&E has the chance to make lemonade from lemons if it includes the very best future-focused enterprise and science leaders who know the way to implement options which can be winners each economically and environmentally.
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