Duke Energy, Dominion Energy and Southern Company are not making investments consistent with their clean energy goals, according to a report released Monday from Synapse Energy Economics. The three utilities make up 4.2% of total U.S. carbon emissions and 12.4% of U.S. power sector emissions, which constitute about a third of U.S. overall emissions, according to the report. All three utilities have ambitious carbon reduction goals — Duke and Dominion are aiming for net-zero carbon emissions by 2050, while Southern is aiming for “low-to-no” emissions by that time. But under the utilities’ current plans, those goals will not be reached by 2030 if those companies keep their coal plants online as long as is currently planned and continue aggressive natural gas buildouts, according to the Synapse report, prepared for the nonpartisan, nonprofit group Majority Action. Dive Insight: Over 50 utilities across the U.S. have some sort of […]