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Southern targets net-zero emissions by 2050, stops short on more actions

May 28, 2020 - SNL Energy Finance Daily

The new goal scales up the utility's previous "low- to no-carbon" approach, which it has touted in recent years.

Southern Co. formally revamped its carbon-reduction strategy to target net-zero emissions by 2050, but the utility's management held back from promising more aggressive actions on renewables and fossil fuels.

During the company's annual meeting, held virtually on May 27, Southern Chairman, President and CEO Tom Fanning announced the new zero-emissions goal, which will appl...