Ted Turner calls solar energy the "biggest business opportunity the world has ever seen." And for once, he may be understating it. CNBC's Jane Wells reported on the maverick mogul's plans, on "Morning Call."
Wells noted the daunting upfront starting costs associated with sun power. But New Jersey and California have enacted government incentive programs to drive investment. N.J. covers up to 60% of the costs for a business to "go solar"; and the Golden State -- helmed by a science-minded Gov. Schwarzenegger -- has put $3 billion into a 10-year energy switch-over program. Small wonder that Turner called the two states "America's shining bright lights" -- and has pumped millions into privately-owned N.J. firm DT Solar.