U.S. Energy Infrastructure Revamp May Unlock $6 Trillion Market: Kerry

"U.S. Secretary of State John Kerry said Monday the United States could potentially unlock a $6 trillion energy market by revamping the country's fractured electricity grid, a move that he said would boost the competitiveness of renewable energy.

Kerry addressed the opening event of Climate Week NYC, a day before over 120 heads of state were due at the United Nations to address a summit on climate change and national plans to limit greenhouse gas emissions.

In addition to securing commitments from countries, the UN summit aims to generate agreements from corporate CEOs on how they will reduce their businesses' carbon footprints."

Valerie Volcovici reports for Reuters September 22, 2014.

Source: Reuters, 09/23/2014