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Announced it will establish a “perpetual infrastructure strategy,” designed to direct investments toward entities with high potential to accelerate the transition to a decarbonized economy. MORE »
Announced RealZero™, a first-of-its-kind goal to eliminate the company’s Scope 1 and Scope 2 emissions by 2045—without the use of carbon offsets. The RealZero goal comes with 5-year interim milestones, the next of which is a 70% reduction of emissions (2005 adjusted baseline) by 2025. RealZero is predicated on its companion plan, the Zero Carbon Blueprint™, which lays out the transition of NextEra’s power generation to 100% carbon-free sources like solar, wind, nuclear, and green hydrogen, as well as advances in energy storage. The company expects no incremental cost increase to customers. MORE » MORE 2 »
Together with Genomatica (“Geno”), launched a venture to develop, scale, and commercialize biotech-derived, plant-based alternatives to palm oil and fossil fuels for cleansing agents found in household cleaners and skin care products. The companies cite initial estimates that use of the new alternative ingredients could also reduce the carbon footprint of ingredients currently derived from palm by up to 50%. Unilever and Geno are jointly investing $120 million in the venture, and other strategic investors are expected to join. MORE »