Most reports about last week’s Climate Week NYC were upbeat, but there was contrasting news – not just President Trump’s UN address calling climate change the “greatest con job ever perpetrated on the world.” Bloomberg reported that the administration
“plans to continue using emergency authority to stop coal-fired power plants from retiring…
‘This administration’s policy is going to be to stop the closure of coal plants,’ Energy Secretary Chris Wright said [last] Wednesday during an event held by the New York Times… A total of 27 gigawatts of coal-power generating capacity, or about 16% of the US total, is scheduled to retire by the end of 2028, according to the Energy Information Administration.”
If this happens, it will have a meaningful impact on company plans for Scope 2 reductions and climate goals in general.
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