Yes! Bring on the Petro alternative options.
Updated: California Governor Jerry Brown, and California’s utility regulator, have just announced that a decade-old claim with a partner
predecessor of NRG Energy, Dynegy, over power contracts during the state’s energy crisis, will turn into a $120 million settlement fund to invest in building out an electric car charging network in California. One hundred million dollars of the fund will be spent on installing 200 public fast-charging stations, and 10,000 plug-in units at 1,000 locations across the Bay Area, San Joaquin Valley, L.A. and San Diego County; the remaining $20 million of the fund will go to “ratepayer relief,” or reducing consumer energy bills.
At the same time Governor Brown, who spoke this morning at the Wall Street Journal’s Eco:nomics conference, also signed an executive order calling for a path to get 1.5 million “zero-emission vehicles” on California’s roads by 2025. The executive order set targets for:
- By 2015, all…
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