Category: Decarbonization
Southeastern Utilities Block Transmission Necessary for Decarbonization
Decarbonizing the economy will require a significant expansion of interstate and interregional transmission, but investor-owned utilities in the South, such as Southern Company and Entergy, have spent years undermining efforts...
Utility trade associations say utilities are disclosing climate risks to investors. Major investors disagree
The trade associations for investor-owned electric and gas utilities claim that their member companies already provide investors with sufficient information about how utilities are navigating climate risks, such as reducing...
Major investors warn utilities against carbon capture and offsets
Utilities should “focus primarily on minimising the use of fossil fuels and particularly coal”
Major investors find electric utilities are not on track to meet decarbonization goals
Electric utilities are failing to align their businesses with the Paris climate agreement goals and investors’ expectations, according to a new scorecard of major emitting companies. The Climate Action 100+...
Orlando utility could vote today on new “net zero” plan amid concerns over continued fossil fuel use and low energy efficiency goals
Update: The OUC Board voted unanimously to approve the EIRP in its current form at its meeting on December 8. The Orlando Utilities Commission is set to discuss and potentially...
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.
Utility Carbon Targets Reflect Decarbonization Slowdown In Crucial Next Decade
Many of the nation's largest utilities are planning to slow down their efforts to decarbonize, according to the companies' own goals.