Dominion Energy has just released its annual Sustainability and Corporate Responsibility report, and it addresses climate change head on.
Dominion acknowledges climate change is a fact and says it is defining strategies to combat it.
Dominion Energy Chairman, President and CEO Tom Farrell says they are leading the country’s transition to clean energy. He says they have built the country’s fourth largest solar portfolio, are developing the nation’s largest offshore wind farm, have joined with Smithfield Foods in the largest renewable natural gas program in history, and are extending the life of Virginia nuclear power plants. He says they have cut carbon-dioxide emissions 52% since 2005 and plan to reduce methane emissions in half by 2030.
He says the major focus in 2020 will be addressing Governor Northam’s executive order on clean energy, which sets a goal of 100% of the state’s electricity from carbon-free sources by 2050.
A spokesman for the Virginia Conservation Network said he was cautiously optimistic. That at the end of the day their main concern is the bottom line and as they see the continued impact of climate change, they are going to have to take steps to be part of the solution.
*Dominion Energy is one of VPM’s corporate sponsors
