Nov 13, 2019

The trouble with big power companies' net-zero pledges

S&P Global Market Intelligence has a great look at the pledges from big power companies — like Duke Energy, Xcel Energy, PSEG — to reach net-zero emissions or 100% zero-carbon generation by 2050.

The problem: The companies don't really know how they'll get all the way there without significant increased development and scaling of technologies like "carbon capture and sequestration, advanced nuclear reactors and battery storage" — and that's likely to need help from the federal government.

Go deeper: Industry giants propose path to "net-zero" carbon emissions

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Net-zero carbon pledges are still rare among energy companies

Despite some splashy pledges, the energy industry overall is just at the early stages of adopting "net-zero" carbon emissions plans, a new report shows.

Why it matters: Achieving global net-zero emissions by mid-century is a widely cited target in a steep uphill battle to meet the Paris agreement goal of limiting warming to 1.5 °C.

Go deeperArrowNov 14, 2019

The state of U.S. energy-related carbon emissions

Data: U.S. Energy Information Administration; Chart: Axios Visuals

U.S. carbon emissions from energy rose by 2.7% last year, ending several years of declines, federal Energy Information Administration data confirms.

Why it matters: While emissions have been in a generally downward trend for well over a decade, the report late last week shows how the U.S. is off track to meet its pledges under the Paris climate deal.

Go deeperArrowNov 19, 2019

A half-empty glass on emissions

Data: Global Carbon Project; Chart: Axios Visuals

A major new report on global carbon dioxide emissions growth is largely bad news, but if you squint you can find some (rather small) bright spots.

Driving the news: The rate of increase decelerated this year as coal consumption dipped and economic growth slowed, but emissions still hit a record high, per new data from a research consortium called the Global Carbon Project.

Go deeperArrowDec 4, 2019