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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.
Within this article: Where the U.S. is headed in its quest to reduce greenhouse gas emissions, with various views on how the job market and broader economy could be affected.
Other companies featured: Southern Company (NYSE:SO), Xcel Energy Incorporated (NASDAQ:XEL), Dominion Energy Incorporated (NYSE:D), FirstEnergy Corporation (NYSE:FE), Exxon Mobil Corporation (NYSE:XOM)
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