The NextEra Energy “Real Zero” plan announced June 14 by the world’s biggest investor-owned utility could be a game-changing climate goal but comes with unanswered questions, stakeholders said.
Real Zero would eliminate carbon emissions from NEE operations by 2045 without relying on carbon offsets as other U.S. utilities’ net zero plans do, and is “the most ambitious carbon-emissions-reduction goal ever set by an energy producer,” NEE’s June 14 statement said. With it, NEE and subsidiary Florida Power and Light are challenging utilities with net zero climate goals, NEE President and CEO John Ketchum said.
NEE’s business model, based on utility-scale renewables development, has helped to propel it to the highest market capitalization of any electric utility in the world, NEE reported to investors June 14. Real…