The biggest problem with public companies is that they fail to see the future because everyone is just worried about the next 3 months. Sometimes when the future is actually already here, CEOs make decisions that are only good for themselves. Let me explain with a quote: “I think in the future, renewables will become a bigger part of the industry, and it will become a bigger part of …” Solar and energy choice are clearly the leading part of the energy sector and growing exponentially every year. So why is the new CEO of NRG giving such a ridiculous quote to the New York Times? My guess is that he thinks that the shareholders want to hear backwards thinking from him so he can get a bigger bonus, or worse, not get fired.
- New York Times: NRG Shifts Focus Away From Empowering Consumers
- Grist: John Kerry just cannot with Donald Trump’s climate plan
- Utility Dive: FERC – Rooftop solar, battery storage could pose threats to reliability
- CleanTechnica: Two Former Australian Brown Coal Bosses Switch To Solar & Clean Tech
- PV-Tech: Global PV manufacturing capacity expansion announcements in April close to 9GW
- Greentech Media: Solar Will Replace Nearly All Retiring Coal in Texas
- MIT: Finally in Sight $1-a-Watt Solar Milestone Shows Long Road Ahead
- The Guardian: Greens want ‘fair price’ for solar power and access to grid for all
Opinion
Have a great day!
Yann