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Electric utilities falling behind on emission reduction targets

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Many of the nation’s largest electric utilities are not on track to achieve their interim emission reduction goals or the “net-zero” targets they have communicated to customers and investors, according to industry data reviewed and analyzed by the Energy and Policy Institute. Progress is stalling at a critical juncture, as the Trump administration has targeted Clean Air Act rules and Biden-era grants for clean energy projects, and the utilities are projecting significant growth in electricity demand due to increased data center development. Some utilities are starting to back off some elements of their carbon goals, and recent data shows many utilities have slowed the pace in recent years. The utilities’ slowing progress should provide concern for lawmakers, customers, and investors interested in seeing the power sector continue its trend of decarbonization.

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Electric utilities falling behind on emission reduction targets

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