Dec 5, 2018

Xcel Energy says it's going carbon-free by 2050

Photo: Andy Cross/The Denver Post via Getty Images

The multi-state power company Xcel Energy says it will provide 100% of its electricity from carbon-free sources by 2050.

Why it matters: It appears to be the first large utility to set a fully emissions-free goal for its generation mix, and Xcel also announced an interim 2030 target of cutting its emissions by 80%.

  • The company, which serves customers in 8 western and midwestern states, says on its website that in 2017 it provided 40% of its power from zero-carbon sources — a mix of nuclear, wind and other renewables.

The big picture: The move is a stark — albeit long-term — sign of the transformation of the U.S. power mix as natural gas and renewables have been shoving aside coal.

  • However, via Bloomberg, the company is not pledging to end its use of fossil fuels. "The company would consider using systems designed to capture and trap carbon dioxide emissions from gas or coal plants," they report.

Where it stands: Utility Dive looks at the announcement in the context of what some other players in the utility space are doing. From their piece:

"While Xcel is the first large utility to commit to eliminating carbon pollution, a number of smaller, municipally-owned power providers have pledged to move to 100% renewables alongside local policy goals. And the CEO of Southern Co., another large utility, has said his company will be 'low to no carbon' by 2050."

Go deeper: Google's 24-7 carbon-free goal

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Situational awareness

Photo: Win McNamee/Getty Images

Catch up on today's biggest news:

  1. Roger Stone sentenced to 40 months in prison
  2. Top NSC official reassigned to Energy Department amid "Anonymous" fallout
  3. Morgan Stanley to buy E*Trade in $13 billion deal
  4. Coronavirus slams companies' 2020 sales projections
  5. Black activist group gives its first presidential endorsement to Elizabeth Warren

Roger Stone sentenced to more than 3 years in prison

Roger Stone arriving for his sentencing hearing. Photo: Mark Wilson/Getty Images

Longtime Trump associate Roger Stone was sentenced Thursday to 4o months in prison for crimes that include obstruction of justice, lying to Congress and witness tampering.

Why it matters: Stone is the seventh person to be convicted and sentenced for crimes unearthed by former special counsel Robert Mueller's investigation. His case has been at the heart of ongoing tensions between President Trump and his Justice Department.

Coronavirus kills 2 Diamond Princess passengers and South Korea sees first death

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's Health Ministry. U.S. numbers include Americans extracted from Princess Cruise ship.

Two elderly Diamond Princess passengers have been killed by the novel coronavirus — the first deaths confirmed among the more than 600 infected aboard the cruise ship. South Korea also announced its first death Thursday.

The big picture: COVID-19 has now killed more than 2,100 people and infected over 75,000 others, mostly in mainland China, where the National Health Commission announced 114 new deaths since Wednesday.

Go deeperArrowUpdated 35 mins ago - Health