Obama aims to boost homeowner renewable energy use

President Barack Obama on Monday expanded his push for greater renewable energy adoption, announcing fresh financial incentives for solar power development and use.

The steps include an additional $1 billion in loan guarantees for new research projects and near-term savings for homeowners using renewable energy.

Speaking at the National Clean Energy Summit in Las Vegas, Obama argued fossil fuel proponents who say renewable energy is too expensive are being proven wrong as power sources like solar and wind become cheaper. Read More…