50% Reduction in Carbon Emissions by 2030 Means Opportunities Now

NEW YORK, June 24, 2021 /PRNewswire/ — Every president wants a legacy and President Joe Biden wants to put his stamp on climate change. Only a few months into his term, President Biden has pledged to slash U.S. greenhouse gas emissions by a minimum of 50–52 percent by 2030, an undertaking that doubles the nation’s prior promise under the 2015 Paris Climate Agreement. Further out, the target is net zero carbon emissions by 2050. These aggressive goals require immediate action, including addressing the fact that almost 40 percent all carbon dioxide pollution is created by power plants burning fossil fuels. The International Energy Agency (IEA) recently published its comprehensive plan to cap the global temperature rise to 1.5°C by 2050, which includes a combination of wind, solar and nuclear to phase out fossil fuels. Today, the world is at a tipping point for the energy sector, presenting opportunities to […]

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