NRG to Reach Net-Zero Emissions by 2050

Why: The Intergovernmental Panel on Climate Change (IPPC) has called for limiting global warming to a 1.5°C increase.

Updated Impact: NRG’s goal is to reach a 50% reduction target 5 years early and achieve net-zero emissions by 2050, surpassing its original goal of a 90% reduction. This strategy will avoid 1 billion tons of CO2 emissions by 2050.

Other Takeaways: 

• NRG is the 1st energy company to earn the endorsement of the Science Based Targets initiative
• NRG joined the UN’s Business Ambition pledge to 1.5°C limitation

Yahoo Finance | NRG to step up emissions reduction goals to match OPCC recommendations