earth2tech.com —
"Google just announced an initiative to develop electricity from clean sources that will be cheaper than electricity produced from coal. In true geek fashion, they’re calling it “RE less than C” or “Renewable Energy Cheaper Than Coal.” The search giant will be looking to hire between 20 and 30 engineers and experts to develop renewable power technology from sources like solar thermal, wind power and enhanced geothermal systems. On a conference call, Google co-founder Larry Page said the initiative would spend “tens of millions of dollars on R&D,” and ultimately hope to produce a “gigawatt of renewable energy capacity,” in years, not decades."
