Ceres
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Climate change
Report: Decarbonization of World’s 50 Most Influential Power Companies Bleak
Two reports analyzing energy transitions toward low-carbon resources released this week offer mixed assessments of how the power industry is faring in efforts to tamp down carbon emissions. The World Benchmarking Alliance (WBA), a broad group of stakeholders committed to 17 Sustainable Development Goals developed by the United Nations (UN) in 2015, on July 6 launched […]
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News
NRG Aligns Carbon Goals with 1.5-Degree-C Climate Trajectory
NRG Energy has joined a growing list of major U.S. coal generators that want to achieve net-zero greenhouse gas (GHG) emissions by 2050. The Princeton, New Jersey-based energy company on Sept. 24 said it would accelerate carbon goals it set in 2014 to reach its 50% GHG reduction target (from a 2014 baseline) by 2025—not […]
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News
Duke Energy, American Electric Power Separately Seeking to Go Net-Zero Carbon by 2050
Two formidable U.S. coal power generators this week separately revised their carbon dioxide emissions reduction targets. Duke Energy announced it would achieve net-zero carbon emissions by 2050. American Electric Power (AEP), meanwhile, said it would extend its target from 60% to 70% from 2000 levels by 2030, and by more than 80% by 2050—but it […]
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News
Power Plant Emissions Down Substantially in U.S. Since 1990
Power plant SO2 and NOx emissions have decreased 92% and 84%, respectively, since Congress passed major amendments to the Clean Air Act in 1990. Meanwhile, mercury air emissions from power plants have decreased 90% since 2000, as federal limits on mercury and other hazardous air pollutants from coal-fired power plants went into effect in 2015. […]
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News
Pitfalls and Promises: Power Sector Decarbonization
Decarbonization is becoming firmly entrenched in utility business strategies to address risks and opportunities posed by climate change. But setting out a sound plan amid so many uncertainties poses a number