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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.

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? 2023’s Most Headliney-Headlines #178

Climate Tech VC

In news this week, COP28 wraps up with a landmark agreement on transitioning away from fossil fuels, DOE announces a new office focused on AI, and over 2M Teslas were recalled.  100B of deals went down in the Permian basin and Shell abandoned a $100M per year carbon credit pipeline.

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The 5 Biggest US Utilities Committing to Zero Carbon Emissions by 2050

GreenTechMedia

Over the past three years, some of the country’s biggest utilities have been committing to a goal that few may have predicted they’d undertake on their own: weaning themselves off carbon-emitting generation by 2050. Utilities in many states now face mandates to move to 100 percent renewable energy or cut carbon to zero by 2050.

Carbon 246
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MIT Study: Transmission Is Key to a Low-Cost, Decarbonized US Grid

GreenTechMedia

wide transmission build-out could also slash the costs of reaching a zero-carbon grid with wind, solar and battery technologies that are cost-effective today. All of these benefits can be captured with solar, wind, existing hydropower and lithium-ion battery technologies at projected 2030 prices, he added. The current status of U.S.

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New Report Shows Gap Between Utility Carbon Pledges and Climate Change Imperatives

GreenTechMedia

utilities have promised to eliminate their carbon emissions by midcentury. utilities are on track to reduce carbon dioxide emissions by 80 percent by 2030 compared to a 2005 baseline, the target needed to prevent global warming beyond 1.5 Most of the biggest U.S. A new report from the Sierra Club finds that almost no U.S.

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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. The time is therefore now to plan an orderly wind-down of fossil fuel assets and manage the impact on the global economy rather than try to sustain the unsustainable. This may prove to be terminal. Money is gone.

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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. The US is set to get its first ever carbon equivalent tax - on methane. temperature goal is to be kept alive.