Tag: Decarbonization

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

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
Cholla coal plant

Arizona Public Service announces 100% clean energy goal, saying it will “eliminate all fossil fuels”

Arizona’s largest investor-owned utility announced today that it will close its coal plants and increase its use of renewable energy over the next decade, ultimately aiming for 100% clean energy...

/ January 22, 2020

Financial analysts expect decarbonization will benefit utility ratepayers and shareholders

Replacing coal with renewable energy could save customers $8 billion each year

/ January 9, 2020
DTE Energy set a net-zero carbon goal but continues to invest in gas

DTE Energy sets net-zero emissions goal by 2050 for electric subsidiary, but gas investments raise doubts about seriousness

“If you don’t have a good pathway to get there you either fail at the goal or do stupid things along the way,” a DTE executive said about utilities' net-zero...

/ September 26, 2019
Southern Co. CEO Tom Fanning dismissed conflicting comments from Georgia subsidiary about Southern's "low- to no-carbon" goals.

Southern Company CEO Tom Fanning’s $2 Million Greenhouse Gas Reduction “Incentive” a Misnomer

Fanning has likely secured millions in bonus payouts for already planned GHG reductions.

/ July 1, 2019