I don't know about using it to change the weather, seems like a James-Bond-villain-type thing to do, but the idea for generating power's really awesome. The Japanese have been talking about beaming the power back to Earth with a microwave or laser. Just don't get in that thing's way, right?
Can carbon nanotubes really make it from space to ground? I know graphite's a good conductor of electricity and a good insulator against heat, but that's a hell of a cable run. I be very interested to know.