Dirty LA trying to become green leader

"The Los Angeles Department of Water and Power (LADWP) is seeking proposals for 2,200 gigawatt-hours (GWh) of energy per year--worth approximately $176 million annually--from "green power" resources such as solar, wind, and geothermal power," states a press release from LADWP.

As a resident of the smoggiest city in America, I'm very happy to see the city take such action. Moreover, it's not just the city of Los Angeles, but the state of California which is making significant plans to move towards renewable energy. These investments should provide renewable energy providers a significant amount of capital to make further investments.

Technologies, such as solar-thermal energy, are very nearly becoming cost-effective without tax incentives, and these investments might just push these technologies over the cost-to-value hump.