Shocking: Solar, wind energy firms counter ‘Green Deal’ that favours them

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Shocking: U.S. Solar, wind firms counter ‘Green Deal’ that favours them

U.S. solar and wind power companies may have the most to gain from the Green New Deal, an ambitious proposal backed by several Democratic presidential candidates to end U.S. fossil fuel consumption within a decade.

But do not expect the renewable energy firms to endorse it.

Representatives of America’s clean energy companies are withholding their support for the climate-fighting plan, calling it unrealistic and too politically divisive for an industry keen to grow in both red and blue states.

The cool reaction reflects the difficulty that progressive politicians vying for the White House may have in selling aggressive global-warming policy to the business community and more moderate voters.

It also underscores a new reality for U.S. solar and wind power companies long associated with the environmental left: As they have improved technology and lowered prices, their growth is shifting from politically…



Source: News Agency of Nigeria