White House Says $4 Billion in Clean-Energy Commitments Secured

The White House has secured at least $4 billion in commitments from private companies and foundations to invest in clean energy technology, double the goal it set in February.

Encouraging private investment in clean energy is part of President Barack Obama’s attempt to promote “a low-carbon energy future,” Brian Deese, a senior adviser to Obama, said.

Source: Bloomberg.com […]

Clean Power Plan Targets May Change

The EPA Administrator this week, suggested (subscription) that interim goals for existing power plants to comply with the agency’s proposed Clean Power Plan could be softened before the rule is finalized this summer.

The proposal unveiled last year calls for a 30 percent reduction in carbon emissions from 2005 levels by 2030 and sets state-by-state emissions targets, beginning as early as […]