logo
Plus   Neg
Share
Email

PSEG To Cut Carbon Emissions By 80% By 2046; Aims For Net-Zero By 2050

Public Service Enterprise Group Inc. or PSEG (PEG) Thursday announced that it plans to reduce its power fleet's carbon emissions by 80% by 2046, from 2005 levels. The decision is part of its its Powering Progress vision for the future.

The company also announced its vision of attaining net-zero carbon emissions by 2050 assuming advances in technology and public policy.

Supporting its carbon-reduction goals, PSEG also announced that it has no plans to build or acquire new fossil-fueled power plants.

PSEG will report annually on sustainability and climate using the Task Force on Climate-related Financial Disclosures or TCFD framework, starting in 2020.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
British luxury car giant Aston Martin unveiled its first SUV at an event in Los Angeles and at a simultaneous event in Beijing. The DBX SUV comes with an aluminium body with a typical Aston Martin grille flanked by LED headlights with LED DRLs. "I can't emphasize enough how incredibly exciting... Google has rolled out an audio news service for Google Assistant, called 'Your News Update,' which will read out a user's customized news feed. According to the tech giant, 'Your News Update' is a smarter way to listen to the news hosted by the Google Assistant. The customized news feed will deliver stories from a variety of media partners, including CBS, Politico, Fox News and CNN. The U.S. Securities and Exchange Commission said it has filed an emergency action and received a temporary restraining order and asset freeze against two Florida residents as well as the two companies controlled by them for an alleged $6 million Ponzi scheme. The Ponzi scheme by Neil Burkholz of Boca Raton, Florida, and Frank Bianco of Pembroke Pines, Florida, defrauded at least 55 investors.
RELATED NEWS
Follow RTT
>