Tag: Morgan Stanley
Tom Fanning Floats Misleading Updated Greenhouse Gas Goal
The updated greenhouse gas goal, as described by Fanning, would allow Southern Company to claim “net-zero” emissions by taking credit for transportation electrification, despite the company’s continued use of fossil...
Mississippi Power Doubles Down on Uneconomic Coal Despite Southern Company’s “Low to No Carbon” Claim
Mississippi Power, a Southern Company subsidiary, is spending as much as $96.8 million to extend operations at the coal-fired Plant Daniel, despite the fact that the utility could save customers...
Morgan Stanley: Duke, other utilities ignoring profit opportunity by failing to decarbonize rapidly
Morgan Stanley analysts say utilities can grow earnings by accelerating coal-to-renewables switch, but some utilities are letting the opportunity slip away.
Entergy New Orleans made misleading claims that ROE cut meant financial disaster
When the New Orleans City Council threatened to cut Entergy New Orleans’ high profit margins last year, the utility company responded aggressively: it said that such a move would not...