1. AES Commits to 70% Carbon Reduction in Climate Scenario Report

    AES Commits to 70% Carbon Reduction in Climate Scenario Report

    AES, one of the world’s largest power companies, has released a report detailing the company’s moves to reduce carbon emissions 70% by 2030, but, more importantly, their plans to incorporate increasing amounts of renewable generation and energy storage projects to compliment this new generation. In the report, AES outlines three scenarios of optimization between carbon reduction and minimizing the stress of a new energy transition, known as the Business as Usual Scenario, the Greener Scenario and 1.5-2°C Scenario, the same one outlined in the Paris Agreement.

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    1. We are pleased to be the first publicly-traded U.S.-based energy company to issue a report adopting the TCFD recommendations.
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