Governors' Wind Energy Coalition
NextEra backs Biden’s clean energy push as renewables power profit
Source: By Reuters • Posted: Sunday, April 25, 2021
NextEra Energy Inc (NEE.N) will back the U.S. government’s push for utilities to tap carbon-free sources, the country’s most valuable electricity provider said as capacity growth in renewable energy pushed its quarterly profit above expectations.
A clean energy standard would put the country on course to deliver on President Joe Biden’s campaign promise to decarbonize the power sector by 2035, an aggressive goal that U.S. utilities have supported thanks to the low cost of renewables like wind and solar. read more