Rate or Absolute? What is the appropriate CO2 emissions target for an electric utility?
This question almost kept me out of the utility industry:Is it more appropriate for an electric utility to have an absolute target or a rate-based target?An absolute target is based on tons. A rate-based target is based on tons per megawatt-hour. I believe a rate-based target represents an evolution of thinking with respect to addressing climate change by recognizing an electric utility’s role in aneconomythat needs to decarbonize. But let me back up a bit….