Month: May 2020

TVA Cuts “Flexibility” Promises to Local Power Companies by 80%, Enters Into Questionable Contracts

Key Points: The Tennessee Valley Authority promised its local distribution utilities the ability to self-generate up to 5% of their own electricity, what it termed “flexibility”, as an incentive to...

/ May 29, 2020
Coal-fired Plant Scherer

Southern Company Pledges Net Zero Emissions by 2050 but Doubles Down on Fossil Fuels

Southern Company unveiled an updated “net-zero” carbon goal yesterday at its Annual Meeting which relies heavily on negative emissions to enable continued investment in fossil fuels such as coal and...

/ May 28, 2020

Major banks announce new policies to help push utilities away from coal

Key Points: Major financial institutions have announced new policies that limit how they do business with companies that remain reliant on coal. Leading financial institutions’ coal exclusion policies assess electric...

/ May 25, 2020
murray energy

Murray Energy paid over $1 million to law firm that’s fought renewable energy

Latest update – September 17, 2020: Murray Energy has now disclosed payments totaling over $1 million to a law firm that’s fought new wind and solar farms in Ohio. Filings...

/ May 19, 2020

North Carolina utilities not reconnecting customers during COVID-19 pandemic

Thousands remain without electricity, gas, or water during crisis

/ May 12, 2020

Duke Energy Climate Report charts fossil fuel-laden path to net-zero, lagging behind peers

Key Points: Duke Energy released a new climate report describing potential pathways to achieve net-zero carbon emissions by 2050. Its main scenario relies heavily on fossil gas expansion, offsets, and...

/ May 5, 2020