|U.S. Utilities to Go Net Zero by 2050
In 2018, Xcel Energy became the first large U.S. utility to pledge reaching net-zero carbon dioxide emissions. Recently, more utilities, including Ameren and Entergy, have issued plans to reach net-zero emissions by 2050.
These corporate announcements for the transition to clean energy are accelerating. InsideClimate News writes, “Taken together, they make clear that we are in the middle of great change in the energy economy in which electricity producers have concluded that they can save money and reduce risks by investing in wind, solar and energy storage, and by closing fossil fuel plants.”
Corporate action to curb climate change grows increasingly urgent as scientists find more evidence of global warming’s devastation, such as the ocean stratification that can “intensify tropical storms, disrupt fisheries, interfere with the ocean absorption of carbon and deplete oxygen.”