Utility sets goal of net-­zero emissions by mid-­century

Referencing the findings of the Intergovernmental Panel on Climate Change, as well as its own “strong history of environmental stewardship,” Dominion Energy on February 11 announced that it is expanding its greenhouse gas emission–reduction goals by pledging to achieve net-­zero emissions by 2050. The new goal covers emissions of carbon dioxide and methane—the two leading greenhouse gases—from the company’s electricity generation and gas infrastructure operations.

“Our mandate is to provide reliable and affordable energy safely,” said Thomas F. Farrell II, Dominion’s chairman, president, and chief executive officer. “We do that every day, all year long. But we recognize that we must also continue to be a leader in combatting climate change. . . . Dominion Energy already has made important progress on emissions. This new commitment sets an even higher bar that I am confident we can, and will, reach. Net-­zero emissions will be good for all of our stakeholders—for our customers, communities, employees, and investors.”