Princeton Study: A Net-Zero Greenhouse Gas Emissions Economy is a Job Creator
Industry Segment: Power | Word Count: 1253 Words
SUGAR LAND January 20, 2021 Written by John Egan for Industrial Info Resources (Sugar Land, Texas) President-elect Joe Biden campaigned on transitioning to a net-zero greenhouse gas emissions economy by 2050. Fighting climate change, along with defeating the COVID-19 pandemic, are expected to be among the primary goals of the incoming administration. In recent years, goals for net-zero emission of greenhouse gases have been adopted by a number of energy companies, including Royal Dutch Shell plc (NYSE:RDS.A) (The Hague, The Netherlands), BP plc (NYSE:BP) (London, England) and Occidental Petroleum Corporation (NYSE:OXY) (Los Angeles, California). A growing number of utilities, companies and airlines also have signed on, to decarbonize the U.S. economy over the next three decades.