Our aging electric grid is in need of a major renovation to deliver electricity reliably into the next century, and one way or another, that overhaul will cost us a lot of money. The question is whether we throw more money at propping up the old architecture that is designed to deliver electricity from big fossil-fuel fired power plants, or make the forward-looking investments necessary to harness the clean energy that our future requires.
The latest report from the Intergovernmental Panel on Climate Change cements the urgency for U.S. leaders to move boldly and quickly on climate change, and the most logical place to start is the nation’s fleet of power plants.