Climate Changed
NRG Backs Carbon Tax Amid Effort to Sell Clean-Energy Operations
- Renewable energy will remain part of U.S. power industry
- ‘We’re not the lowest cost of capital in the market,’ CEO says
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Just because NRG Energy Inc., the owner of almost 9 gigawatts of coal-fired power, is working to sell its renewables businesses doesn’t mean it’s giving up on clean energy.
Chief Executive Officer Mauricio Gutierrez supports imposing a price on carbon. And even if NRG unloads its wind and solar farms and its renewables-development operations, the company will continue making renewables products available to its nearly three million retail customers.