TDT | Manama The Daily Tribune – www.newsofbahrain.com A group of US electricity companies wrote to President Joe Biden this week saying it will work with his administration and Congress to design a broad set of policies to reach a near-term goal of slashing the sector's ca
TDT | Manama
The Daily Tribune – www.newsofbahrain.com
A group of US electricity companies wrote to President Joe Biden this week saying it will work with his administration and Congress to design a broad set of policies to reach a near-term goal of slashing the sector’s carbon emissions by 2030.
Washington should implement policies, including a clean energy standard, or CES, to ensure the electricity industry cuts carbon emissions 80% below 2005 levels by 2030, the group of 13 power interests, including generators Exelon Corp (EXC.O), PSEG(PEGPP.UL) and Talen Energy Corp, said in a letter to Biden.
The letter, a copy of which was seen by Reuters, did not mention Biden’s goal to fully decarbonize the power sector by 2035 as part of his strategy to fight climate change.
But it said the 2030 timeline is consistent with Biden’s wider goal of decarbonizing the entire economy by 2050.
“A federal policy framework can be designed to support the power sector’s deployment of strategies that are technically feasible, ensure reliability, and maintain affordability for customers,” said the letter, sent to Biden on Friday
