Infrastructure

Genesis targets big emissions cut, but not 100% renewable

Pattrick Smellie
Wed, 09 Dec 2020

Pattrick Smellie
Wed, 09 Dec 2020
Genesis Energy is committing to cut its greenhouse gas emissions to target 1.5 degrees of global warming, but questions the government’s 2030 goal of 100 percent renewable electricity.The company invested in a major event in Auckland to launch its commitment to a target based on the Science Based Targets Initiative, which promotes best-practice emissions reduction, based on climate science.The company says it is the first electricity generator and retailer outside of Europe to adopt a target based on the SBTI methodology to target 1.5 deg...

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