Exelon’s bid for Constellation Energy: how real is the pledge to efficiency, EV’s and renewable energy in Maryland?
In the press release announcing its planned $7.9 billion acquisition of Baltimore, Maryland-based Constellation Energy, Chicago-based Exelon promised to spend $64 million over several years to spur energy efficiency, electric vehicle and renewable energy initiatives in Maryland. When pressed for details this week about one of the largest U.S. utility mergers ever, however, company spokesman [...]
That’s the conclusion one could reach after New Jersey Governor Chris Christie announced the Garden State is withdrawing from the Regional Greenhouse Gas Initiative, or RGGI. If he’s right, he may be on to something because he asserted there are better ways to fight global warming, which he says is real and caused by humans. [...]