PCG - PG&E to ramp up targets on renewable energy adoption clean transportation

PG&E (NYSE:PCG) said Wednesday it is accelerating its 2030 targets on renewable energy adoption, clean transportation infrastructure and building electrification, en route to reaching net zero greenhouse gas emissions by 2040, five years ahead of California's carbon neutrality target. By 2030, PG&E (PCG) plans to have 70% of its electric power mix consist of state-eligible renewable resources such as wind and solar, exceeding California's mandate of 60% for that year. The utility said it will aim to fuel at least 3M electric vehicles in its service area by 2030, which it said will lead to a cumulative reduction of at least 58M metric tons of carbon emissions. PG&E (PCG) also plans to achieve 48M metric tons of lifecycle carbon emissions reductions by 2030 through an increased focus on energy efficiency and building electrification. The company said it will work to achieve net zero greenhouse gas emissions by 2040 by eliminating or

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PG&E to ramp up targets on renewable energy adoption, clean transportation