Affordable power key to decarbonisation - Genesis

Wed, 16 Oct 2019

Policymakers will need to ensure electricity remains affordable and reliable if the country is to decarbonise transportation and heavy industry, Genesis Energy says.Electricity – 84 percent renewable last year – has a key role to play in helping the country meet its Paris climate targets, Genesis chief executive Marc England told shareholders today.But he said gas and coal will still be required in the generation system for the next decade and it's important they remain affordable as the country charts its path toward a net-zero economy in 2050...

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