Dominion Energy has established a new commitment to achieve net-zero emissions by 2050. The goal covers carbon dioxide and methane emissions, the dominant greenhouse gases, from the firm’s electricity generation and gas infrastructure operations.
“Our mandate is to provide reliable and affordable energy — safely. We do that every day, all year long. But we recognize that we must also continue to be a leader in combating climate change,” said Thomas Farrell II, chairman, president and CEO. “Net-zero emissions will be good for all of our stakeholders — for our customers, communities, employees and investors.”
The commitment is one of the boldest yet in the U.S. energy sector. The company had previously committed to cut methane emissions from its natural gas operations by 50 percent between 2010 and 2030 and carbon emissions from its power generating facilities by 80 percent between 2005 and 2050. Progress toward those goals has been significant, as Dominion