300 companies chart path for CO2-free energy technology

November 29, 2021

More than a decade ago, a host of U.S. companies helped drive down wind and solar energy costs through voluntary energy purchases, a trend that’s reshaped the nation’s power sector.

Now, a coalition of nearly 300 major corporations and institutions is urging those same companies to give similar treatment to much-needed next-generation clean energy technologies like long-term batteries, hydropower and geothermal energy.

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.

Read more here.

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