Ceres issued the following statement in response to the release of the Electric Power Research Institute (EPRI)’s draft SMARTargets methodology designed to encourage utility companies to set and deliver on greenhouse gas emissions reduction goals. “Ceres has fundamental concerns that the proposed methodology disregards the well-established scientific consensus on sectoral decarbonization and instead defaults on projected global emissions. This represents a step backward at a time when investors and other stakeholders require greater sector-specific accountability and action to address climate-related risks and opportunities,” said Steven Clarke, Program Director of Climate…
Read MoreCeres calls on EPRI to strengthen their draft emissions reduction guidance
