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NRG Energy’s David Crane: Energy Moralism Miscontrued

By <a class="post-author" href="/about#robertmichaels">Robert Michaels</a> -- March 2, 2015

Meet David Crane, president and CEO of NRG Energy, the nation’s biggest independent power producer (IPP). This company’s diversified generation interests are fueled by every energy source from coal to wind.

Crane’s pedigree is a lot better than mine–degrees from Princeton and Harvard Law and lots of business experience. With all that going for him, it may not surprise you that Crane has a philosophical bent to go with his industry smarts. The current issue of Energy Biz summarizes some of his recent thoughts in an article with the deep title, Carbon Morality: The Nearsidedness of Incumbency.

The message of Carbon Morality? The power industry has lost its moral stature, and American society is on the verge of doing something awful to it.

The crisis? There’s a “fast shifting moral landscape” that “threatens to leave our industry adrift, shunned by the customers we serve.”…