Dive Brief:
WEC Energy Group, a major Midwestern utility, on Tuesday unveiled a series of new and more aggressive environmental goals. The Wisconsin-based power company says it is committing to a 60% reduction in carbon emissions at its electric plants by 2025, relative to 2005 levels, and an 80% drop by 2030. That’s up from its previous goal of 70% by 2030, with the utility last year having pledged to become net carbon neutral by 2050.
WEC says it plans to reach those targets in part through a $16 billion-plus capital investment plan, detailed in a newly released report on the company’s environmental goals. The plan calls for billions in investments in renewable energy projects.