The business plans of major European power utilities don’t contain the necessary intermediate targets to deliver on their net zero pledges, a report by climate and energy think-tank Ember and Europe Beyond Coal found.
Examined against the International Energy Agency’s (IEA) 2050 net zero roadmap, not one of the analysed strategies of 21 Europe-base coal-burning utilities reaches all of the milestones on fossil fuel phase-out and accelerated deployment of renewables needed to reach the mid-century target to limit global warming to 1.5
