LOS ANGELES (Reuters) - Warren Buffett's MidAmerican Energy Holdings made its second foray into solar energy in as many weeks, saying on Friday it will buy a 49 percent stake in an Arizona power plant from NRG Energy Inc.
Yes... domestic politics do have consequences and we all need to understand the implications of our own important national policy challenges. But no... it is not possible to ignore the larger global issues that are not discussed rationally in the narrow context of our domestic political debates.
The global community has never been as transparently interdependent as it is today. And I know that will be particularly clear for those of us in Durban, South Africa, for two weeks of international dialogue on a future pact to tackle global warming.
Have you heard of the Better Buildings Challenge? It's a national campaign that was launched by President Obama in February to improve energy efficiency in commercial buildings.
The goal is to increase energy efficiency in commercial buildings by 20 percent by 2020 through issuing a series of incentives for upgrading offices. President Obama believes this initiative will create jobs, reduce our dependence on foreign oil, and make our air cleaner. But perhaps most importantly for the business sector, it will save money – an estimated $40 billion annually in energy costs.