PG&E Chief’s Green Crusade (Fortune)
PG&E Chairman and CEO Peter Darbee called a handful of journalists into his boardroom and talked about being a successful utility in an era when it's is less about building centralized power plants and more about tapping renewable energy and balancing supply and demand.
by Denis Du Bois
May 01, 2008
May 01, 2008
Today, Fortune posted a story by reporter Todd Woody in its online edition, based on the PG&E press event.
Darbee talks about the potential of renewable energy, the odds of new nuclear power in California, and the utility industry's resistance to change.
"While a lot of top executives talk green these days, for Darbee green has become the business model, one that represents the future of the utility industry in a carbon-constrained age."
Comments
A majority of Rockefeller Family members publicly called on other shareholders in Exxon Mobil Corporation to join them in urging ExxonMobil to look into the growing market in renewable energy and alternative fuels that competitors Shell, Chevron, BP, Total and Petrobras now are expanding into to a much greater extent than ExxonMobil.
There was a press release recently, you'll find it on "news" feed-through sites like this one:
http://www.cleanedge.com/news/story.php?nID=5327
Posted by: Christy | May 7, 2008 11:23 AM