California Climate Law an $8.6 Billion Coup for Solar Utilities

  • Energy-efficiency contractors, renewables industry backed bill
  • Business opposition melted after politicians lifted fuel limit

Picture taken on January 23, 2015 of the newly finished PV Salvador solar plant near El Salvador, in the Atacama desert, northern Chile.

VLADIMIR RODAS/AFP/Getty Images

Solar and wind-power entrepreneurs will get a bigger share of California’s energy market. Construction contractors will get more work tightening the energy efficiency of buildings. And environmentalists will tiptoe closer to their goal of weaning the most-populous U.S. state from fossil fuels.

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