"Google Closing in on Cheap Renewable Energy"

"MOUNTAIN VIEW, Calif -- Google Inc is closing in on its goal of producing renewable energy at a price cheaper than coal, the company's so-called green energy czar, the engineer in charge of the project, said on Tuesday.

But the United States needs to raise government-backed research significantly and take much bigger risks if it wants to make alternative energy mainstream, executive Bill Weihl told Reuters in an interview.

Google, known for its Internet search engine, in late 2007 said it would invest in companies and do research of its own to produce affordable renewable energy -- at a price less than burning coal -- within a few years."

Peter Henderson reports for Reuters June 9, 2009.

Source: Reuters, 06/10/2009