Wall Street Journal: "Corporate Climate Targets Get Life under Rosier US Government Emissions Outlook"

An article about the Energy Information Administration's annual energy outlook—findings which were presented at an RFF—features quotes from RFF CEO and President Richard Newell.

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March 17, 2023

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Wall Street Journal

The agency’s outlook for more decarbonized electricity is especially good news for companies working to cut emissions from energy purchases, known as Scope 2 emissions, said Richard Newell, a former EIA administrator and president of Washington, D.C.-based nonprofit Resources for the Future...

It also remains to be seen if the rosier outlook will spur companies to raise their climate ambitions. 

“I’m not sure it will lead to more ambitious corporate climate targets, many of which are already targeting net-zero emissions—a goal that will require policy and technology adoption well beyond that included in EIA’s new projections,” Mr. Newell said.

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