The U S is not ready for an all-electric future naturalnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from naturalnews.com Daily Mail and Mail on Sunday newspapers.
The setting of a net-zero target by the Biden Administration was the first step toward decarbonization of the energy system and industry. But having a target is the easiest part of America’s energy transition. Now comes the much more difficult part of making all those proposals and ideas for a greener future work.
Emissions reduction, decarbonization of the U.S. power grid by 2035, and increased electrification in the transportation and buildings sectors will require an enormous amount of investment from industry as well as government support.
The challenges will be not only to raise trillions of U.S. dollars of investment the sooner the better but also to change consumer perception about electric vehicles (EVs) and space heating, for example, as well as persuade communities to host exponentially growing solar and wind power generating facilities.
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The Tennessee Valley Authority s (TVA) plans to phase out its aging fleet of coal plants within the next 15 years because the plants, like most coal plants, are becoming uneconomical to operate.
For TVA, all replacement options, including natural gas and nuclear, are on the table as it tries to meet the Biden administration s power sector decarbonization goals and its own mandate to deliver low cost and reliable power to its ratepayers, Jeffrey Lyash, TVA president and CEO, said on Wednesday during an Atlantic Council conference. The federally-owned utility has retired about 60% of its coal generation, he said at the event.