Walmart Stock Alerts : Walmart Files Gripe over Proposed Cape Wind Electricity Rates

Time 6/19/2010 11:38:00 AM
by Timothy B. Hurst
source:earthandindustry.com
Is Walmart internally conflicted over renewable energy?

Some renewable energy advocates say Walmarts' challenge to the contract raises questions about the retailer’s commitment to clean energy.

Dan Bakal, director of electric power programs for the green investment coalition Ceres in Boston, told the Boston Globe that it is typical for large companies to express concern about electricity rates. Wal-Mart’s filing was surprising because of the company’s previous high-profile focus on environmental issues.