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WEC Energy Group expands carbon reduction goals, targeting net zero by 2050


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. ....

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WEC Energy Group sets industry-leading environmental goals


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MILWAUKEE, May 4, 2021 /PRNewswire/  WEC Energy Group (NYSE: WEC) unveiled aggressive new carbon dioxide and methane reduction goals this week. The company is committing to a 60 percent reduction in carbon emissions by 2025 from its electric generation fleet and an 80 percent reduction by the end of 2030. The company also announced plans to achieve net-zero methane emissions from its natural gas distribution system by the end of 2030.
The goals which are outlined in a new company report 2021 Pathway to a Cleaner Energy Future are among the strongest environmental goals in the utility industry.
As we plan for a bright, sustainable future, our priorities can be summed up in three words affordable, reliable and clean, said Gale Klappa, executive chairman. The goals we announced today support national and international efforts, including the Paris Climate Agreement. We re confident we can achieve these milestones whil ....

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CSRWire - WEC Energy Group Sets Industry-Leading Environmental Goals


WEC Energy Group Sets Industry-Leading Environmental Goals
Published 05-04-21
Summary
In an updated climate report, WEC Energy Group outlines its strategy to achieve aggressive new targets for carbon and methane reduction.
Report Highlights
WEC Energy Group (NYSE: WEC) unveiled aggressive new carbon dioxide and methane reduction goals this week. The company is committing to a 60 percent reduction in carbon emissions by 2025 from its electric generation fleet and an 80 percent reduction by the end of 2030. The company also announced plans to achieve net-zero methane emissions from its natural gas distribution system by the end of 2030.
The goals which are outlined in a new company report 2021 Pathway to a Cleaner Energy Future are among the strongest environmental goals in the utility industry. ....

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