article thumbnail

Can Gas-Fired Power Plants Coexist with a Net-Zero Target? Yes, Southern Company Insists

GreenTechMedia

utility can reach net-zero carbon emissions by 2050 while still keeping natural gas as a central part of its business, both to generate electricity and to sell to its customers. That includes a recommitment to reaching its 2030 goal of reducing carbon emissions below 50 percent of their 2007 levels, potentially ahead of schedule.

article thumbnail

Southern Company Commits to Net-Zero Carbon by 2050, but Seeks New Gas Plants for Now

GreenTechMedia

utilities in setting a net-zero carbon target for 2050, aiming to balance the emissions from its sizable fossil fuel-fired generation fleet and sprawling natural gas business with reductions to be gained by expanding its portfolio of renewable energy and energy efficiency. Counting on 'negative carbon' solutions.

Carbon 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

'A poor use of public funds': Should the government subsidise biomass and carbon capture technology?

Business Green

Fresh analysis warns plans for UK's largest BECCS facility in North Yorkshire could prove more expensive for billpayers than Hinkley Point C, but developer Drax rejects calculations and insists carbon capture technology is likely to prove a crucial component of the net zero transition.

article thumbnail

? 2023’s Most Headliney-Headlines #178

Climate Tech VC

🔑 Climate tech startups hit key milestones - including but not limited to - Fervo’s FOAK enhanced geothermal project operational in Nevada, Brimstone’s third-party approval of its carbon-negative cement, and Heirloom’s first commercial DAC plant.  ☢️ US nuclear power saw mixed results.

article thumbnail

It's time to fill the empty chair at COP26

Business Green

Even more worrying is a fact David Wallace-Wells points out in his best-selling book Uninhabitable Earth : more than half of the carbon emitted in the atmosphere today was emitted in the past 30 years. For nearly two decades nuclear power had been officially excluded from the multilateral UN climate negotiations process.

article thumbnail

The Future(s) of Fossil Fuels - 2020

Mr. Sustainability

A sudden collapse of the industry - called a carbon crunch - could lead to economic disaster of epic proportions. For the first time in history, oil prices were negative. Carbon Tracker states that the world is “witnessing the decline and fall of the fossil fuel system”. The transition is among us.

article thumbnail

Inflation Reduction Act: 10 ways it will turbocharge US climate action (and one way it won't)

Business Green

The landmark legislation's climate provisions could unlock billions of dollars of low carbon investment and millions of green jobs - but it also paves the way for new fossil fuel infrastructure. Clean power producers would be eligible to receive 1.5 The US is set to get its first ever carbon equivalent tax - on methane.