I come to the floor today to rise in opposition to the nomination of David Crane, who has been nominated to serve as the Under Secretary of Energy for Infrastructure. It is a job that involves sending taxpayer money to energy companies. Mr. Crane has no business at all deciding how to spend taxpayer money on energy. Mr. Crane spent 12 years--a dozen years--as CEO of NRG Energy, a job from which he was fired. It is not hard to see why he was fired. In his own words, he explained it. He said: We were taking the profits from the coal plants and plowing it into solar development . . . that got to be annoying to the shareholders and to the board of directors of the company. According to the Wall Street Journal, investors were very unhappy with Mr. Crane's investments in renewable energy. His strategy at the company led to a 59-percent drop in the company's share price the year before his departure. Once he was gone, the company's stock reversed course, with a long and sustained rebound. Mr. Crane has significantly focused his career on combating climate change, which he has called the ``moral imperative of our time.'' He has called for ``name and shame'' activism against companies that do not share his extreme vision. He once wrote that his ``green dream''--he said--included being considered ``the Mother Teresa of clean energy.'' Mr.…
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