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Interim Director, Energy and Environment Program
The Aspen Institute
Minneapolis-based public utility Xcel Energy announced that it will be completely carbon-free by 2050. California’s SB100, which passed earlier this year, sets a similar goal for the state by 2045, but Xcel is the first utility in the nation to set a goal this bold. Xcel has already taken steps to become more sustainable. In 2017, 40% of Xcel’s electricity generation was carbon-free, with much of that coming from wind and nuclear power. According to its website, Xcel intends to double the wind power it generates by 2022 and plans to retire 40% of its coal capacity by 2027. Xcel… [more]
View InsightManaging Attorney
Noyes Law Corporation
In October, the International Energy Agency (IEA) reaffirmed the leading role that bioenergy continues to play in decarbonization. IEA Executive Director, Dr. Fatih Barol, pointedly stated, “Modern bioenergy is the overlooked giant of the renewable energy field… We expect modern bioenergy will continue to lead the field, and has huge prospects for further growth. But the right policies and rigorous sustainability regulations will be essential to meet its full potential.” The IEA concludes that to meet long-term climate goals, renewable energy development in the heat, electricity, and transport sectors must accelerate. Transportation has clearly emerged as the most difficult sector… [more]
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