Reported 13 days ago
American Electric Power Co. is considering changes to its 2045 net-zero carbon target based on the direction of state regulators under new CEO Bill Fehrman. With many of AEP's states being conservative, Fehrman plans to align the company's climate strategies with local policies focused on economic development and jobs, rather than imposing a top-down approach. This shift comes as utilities face rising power demands, complicating their ability to meet previous emissions reduction goals.
Source: YAHOO