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FXU - Pension fund group wants electric utilities to speed decarbonization plans
First Trust Utilities AlphaDEX Fund
Major U.S. pension funds are asking the 20 largest publicly traded electric utilities for detailed plans to achieve carbon-free electricity by 2050 at the latest but will not force the issue with proxy resolutions this spring, hoping market shifts and falling prices for renewable energy already have made executives and directors receptive to the goal.
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