Madison Gas and Electric Increases Energy 2030 Carbon Reduction Goal to 80%

Consistent with its commitment to sustainable energy and to global climate science, Madison Gas and Electric (MGE) is committing to reducing carbon at least 80% by 2030 as it works toward achieving net-zero carbon electricity by 2050.

February 01, 2022. By News Bureau

Consistent with its commitment to sustainable energy and to global climate science, Madison Gas and Electric (MGE) is committing to reducing carbon at least 80% by 2030 as it works toward achieving net-zero carbon electricity by 2050.

Under its Energy 2030 framework, announced in 2015, the company set a goal of 40% carbon reduction by 2030, one of the first such goals set by a utility and in alignment with the Paris Agreement on climate change.

Since then, the company has said it fully expects to achieve carbon reductions of at least 65% by 2030.

In 2019, MGE established its goal of net-zero carbon electricity by mid-century, consistent with climate science from the Intergovernmental Panel on Climate Change (IPCC) and analysis of the company's goal by the University of Wisconsin-Madison's Nelson Institute for Environmental Studies.

"In 2019, MGE was one of the first utilities in the nation to commit to net-zero carbon by 2050. Since announcing our carbon reduction goals, we have said that if we can move further faster by working with our customers, we will," said MGE Chairman, President and CEO Jeff Keebler. "Today's announcement of our goal to reduce carbon at least 80% by 2030 reflects our commitment to working together to move further faster. We're committed to doing everything we can do today to advance our deep decarbonization strategies as quickly and as cost-effectively as we can while maintaining our top-ranked electric reliability and our responsibility to those we serve."

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