National Grid Releases Statement on Massachusetts’ Net Zero Emissions TargetApr 23, 2020 - 9:30 AM
April 23, 2020
Contact: Media Relations - 781-907-3980
WALTHAM, MA – Marcy Reed, President of National Grid Massachusetts, issued the following statement regarding the decision by Commonwealth of Massachusetts to set a statewide emissions limit of net zero greenhouse gas emissions by 2050:
“Climate change is one of the great challenges facing our society today. This decision by the Baker-Polito Administration is another example of the Commonwealth leading the nation and world on climate change adaptation and preparation, alongside record-setting clean energy procurements and energy efficiency programs.
National Grid looks forward to continuing as an active partner in developing and implementing a roadmap to achieving this ambitious target. It is more important than ever during this challenging time to ensure that this vital transition to a decarbonized future is affordable to the residents and businesses of Massachusetts.”
- In November 2019, National Grid’s global business set new target to reduce our own direct greenhouse gas emissions to net zero by 2050, going beyond the Company’s previous target of 80% by 2050.
- In 2018, National Grid released the Northeast Decarbonization Pathway, a set of policy recommendations to help states across the Northeast achieve a 40% reduction of greenhouse gas emissions by 2030 and 80% by 2050 over 1990 baseline levels.
- In June of 2019, National Grid Ventures acquired Geronimo Energy, a leading wind and solar developer in North America. Since that acquisition, Geronimo has executed virtual power purchase agreements for over 400MW of clean energy.
- National Grid is consistently ranked as the top utility for energy efficiency in the country. With our partners in the MassSave program, Massachusetts and National Grid have been named #1 for energy efficiency for nine straight years.
- National Grid has long supported the Regional Greenhouse Gas Initiative and is working with stakeholders throughout the Northeast to develop the Transportation Climate Initiative.
About National Grid
About National Grid: National Grid (NYSE: NGG) is an electricity, natural gas, and clean energy delivery company serving more than 20 million people through our networks in New York, Massachusetts, and Rhode Island. National Grid is transforming our electricity and natural gas networks with smarter, cleaner, and more resilient energy solutions to meet the goal of reducing greenhouse gas emissions.