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Photo: Julian Stratenschulte/picture alliance via Getty Images

The huge utility Dominion Energy vowed Tuesday to achieve net-zero greenhouse gas emissions by 2050.

Why it matters: Virginia-headquartered Dominion has ranked among the country's 10 largest power generators and operates in 18 states.

  • They're joining a growing list of utility giants making long-term emissions pledges.
  • Others with net-zero commitments or carbon-free pledges by midcentury include Duke, Xcel Energy, Arizona Public Service, and DTE Energy.

What's next: "The company will focus not only on driving toward the 2050 goal, but on achieving near-term progress, particularly on methane emissions," the announcement states.

  • It includes a nearer-term goal of cutting emissions of methane, a highly potent planet-warmer, by 65% by 2030.

The big picture: Dominion — whose fleet includes coal, gas, nuclear and renewables — said it plans to meet the overall goal with a menu of strategies.

  • That includes its power generation — such as more renewables investments and nuclear plant life extensions — but also more efforts to spur emissions cuts in other industries.
  • On the transportation side, they're exploring faster EV charging deployment; boosting their existing electric school bus program; and use of gas and hydrogen in heavy vehicles.
  • They aim to help industrial energy users move away from coal and oil with natural gas, and to expand their work with agriculture sector on methane capture.
  • Over the long-term, they're citing the potential for tech like carbon capture, large-scale storage, and new reactor technologies.

Go deeper

Right-wingers making McCarthy sweat for future Speaker post

House Minority Leader Kevin McCarthy stands with his Republican colleagues outside the House on Nov. 17. Photo: Stefani Reynolds/Bloomberg via Getty Images

Right-wing elements in the Republican Party are complicating House Minority Leader Kevin McCarthy's attempts to become the next speaker of the House should the GOP take back the majority in 2022.

Why it matters: While McCarthy has worked carefully to build trust among the conservatives who tanked his chances at clinching the speakership in 2015, they're still circling ahead of the next Speaker vote in January 2023.

2 hours ago - Politics & Policy

Congress sprints to meet crush of deadlines

Illustration: Aïda Amer/Axios

Congressional leaders have been pushing off vital action for months — and a lot of it will catch up with them in December, which begins Wednesday.

Driving the news: Funding for the federal government is set to expire at midnight on Friday. There are also consequential deadlines related to the debt limit, President Biden's agenda and annual actions like voting on the National Defense Authorization Act.

2 hours ago - World

U.S. fears Iran won’t scale back to 2015 nuclear deal

Officials gather in Vienna on Sept. 29 for the first day of renewed nuclear talks with Iran. Photo: EU Vienna Delegation/Handout/Anadolu Agency via Getty Images

U.S. officials have extremely low expectations as world powers resume negotiations with Iran to curb its nuclear program, believing the Iranians aren't yet ready to negotiate seriously, Axios is told.

Driving the news: Senior officials in the U.S. intelligence community have assessed the new Iranian president, Ebrahim Raisi, thinks of his predecessor, Hassan Rouhani, as a weak accommodationist who negotiated a bad deal with the U.S. and other world powers in 2015.