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Who’s behind Trump’s claim the Green New Deal will cost $100 trillion?
President Trump’s claim that the Green New Deal would cost $ 100 trillion can be traced back to the Manhattan Institute, a think tank backed by fossil fuel investor Paul...
American Electric Power’s goal: 100% renewable energy?
Executives at American Electric Power say the major electric utility has “aspirational” goals of achieving 100% renewable energy and zero carbon emissions, but its current plans for the future include...
North Dakota has spent millions on a coal industry campaign targeting 100% clean energy legislation in Minnesota
[…] to weaken a bill in Minnesota that would require the state’s utilities to transition to 100% clean electricity by 2040. While the Lignite Energy Council has touted its success...
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...
Major investors find electric utilities are not on track to meet decarbonization goals
[…] and investors’ expectations, according to a new scorecard of major emitting companies. The Climate Action 100+ Net-Zero Company Benchmark assesses the climate plans and performance of 159 large companies...
Utility Industry Contributions to Section 527 Political Organizations
[…] In 2019, Virginia held general elections for all 40 seats of the Senate and all 100 seats in the House of Delegates. Virginia does not impose a limit on...
Duke, Southern disclose misleading descriptions of climate policy advocacy to ESG investors
[…] Southern’s disclosures come in advance of a report, expected this month, from the Climate Action 100+, a coalition of investors representing $47 trillion of assets under management, that will...
Pollution Payday: Analysis of executive compensation and incentives of the largest U.S. investor-owned utilities
[…] established a goal to reduce carbon emissions 80% by 2030 from 2005 levels, and generate 100% carbon-free electricity by 2050. Image: Xcel Energy wind turbines in Texas. Source: Laura...
How Market Power Gives Electric Utilities Political Power
[…] Reliance (ILSR). You can find the original on ILSR’s web site. In the pathway to 100% renewable energy lie electric utilities. Since the time of electrification until the 1990s,...