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California regulators just recommended a target that would have utilities cutting their greenhouse-gas emissions in half by 2030 from 2015 levels. It’s part of a state-wide effort to combat climate change.
Utilities and other electricity providers would have to secure 10,200 megawatts of renewable energy resources and 2,000 megawatts of new battery storage to meet the target that the California Public Utilities Commission recommended to state environmental regulators on Thursday. The commission began a two-year planning process for utilities to propose resources that can be used to reach the goal.
California has already set a target of cutting its carbon emissions to 40 percent below 1990 levels by 2030.
Source: Bloomberg
