At Xcel, we'll stay on a clean energy path

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At Xcel, we'll stay on a clean energy path

June 15, 2017

It’s a privilege to work in the energy business, alongside people who are committed to keeping the lights on every day, while also rolling up their sleeves to tackle tough challenges like protecting our environment. Since the U.S. pulled out of the Paris climate accord several weeks ago, at a time when federal carbon emissions rules have been put on hold, there have been many questions around where Xcel Energy stands and what happens next.

The fact is that Xcel Energy has been pursuing a clean energy strategy that would have met these federal and international standards — and we’re not wavering from that path. Our approach and plans are based on the needs and interests of customers and communities we serve, sound economics, and prudent risk management. Our stakeholders expect us to take action to reduce our emissions while keeping customers’ bills low, and we are doing just that.

Power companies like Xcel Energy are leading the way toward a clean energy future. As an industry, electric utilities already have reduced carbon emissions by 25 percent since 2005. The Paris agreement would have required a reduction of 26 to 28 percent by 2025. Our industry is reducing carbon emissions and doing so 10 years in advance of international agreements.

SOURCE:  Star Tribune

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