Williams Announces Goal of 56% Absolute Reduction in Greenhouse Gas Emissions by 2030
Williams (NYSE: WMB) announced today its climate commitment, setting a near-term goal of 56% absolute reduction from 2005 levels in company-wide greenhouse gas (GHG) emissions by 2030, putting the company on a positive trajectory to be net zero carbon emissions by 2050. By setting a near-term goal for 2030, the company plans to leverage its natural gas-focused strategy and technology that is available today to focus on immediate opportunities to reduce emissions, scale renewables and build a clean energy economy – while looking forward and anticipating future innovations and technologies.
“We are proud to lead the midstream space in meeting the growing demand for American-made energy while outlining clear steps toward a clean energy future”
“As one of the largest energy infrastructure companies in the U.S., we see firsthand the important role natural gas plays today in a viable and sustainable low-carbon future, and we know that natural gas is critical to addressing climate change. It creates a practical and affordable solution for immediately reducing emissions both here and around the world. It also is key to maintaining reliability and enabling scaled use of renewable energy,” said Alan Armstrong, president and chief executive officer at Williams. “With our climate commitment encompassing both near- and long-term targets, we hope to challenge others to establish similar goals based on what we can reduce right here, right now – while also supporting the development of emerging technologies that will ultimately contribute to our aspiration to be net zero by 2050.”
By Business Wire