EEI Balks At Biden’s 2035 Net-Zero Target For Power Sector GHGs

The power sector’s main trade association is expressing reservations about the Biden administration’s goal of achieving net-zero greenhouse gas emissions from the industry by 2035, suggesting the sector is poised to curb GHGs, but at a slower pace that requires additional federal technology investments to enable further GHG cuts. “It would be an incredibly difficult situation to handle for most of the companies in the industry,” Tom Kuhn, president of the Edison Electric Institute (EEI), told Wall Street analysts during...