By Deepan Dutta – Re-Blogged From Summit Daily
As the world turns its back on promises to curb carbon emissions, one of America’s largest utility companies has stepped up and promised to eventually eliminate its own. Xcel Energy, Colorado’s largest electric utility, announced Tuesday that it intends to go 100 percent carbon-free in all eight states it serves by 2050, while reducing carbon emissions by 80 percent of its 2005 emission levels by 2030. Xcel is the first major U.S. utility to make such a commitment.
The announcement was made at the same time a new report revealed that global carbon emissions increased in 2017 by 1.6 percent after staying relatively flat for the three years prior. Emissions are expected to have increased by 2.7 percent in 2018, dashing hopes that the world had finally turned a corner on carbon dioxide production.