The U.S. built its economy and infrastructure over the course of 200 years on the back of fossil fuels—now we are trying to reach net zero in just 20 years.
Government requirements and societal demands to address climate change—particularly through a reduction in greenhouse gas emissions— are blending into a related and immediate need to address the nation’s aging energy generation, transmission, and distribution infrastructure. Utilities simply don’t have the resources and budget to achieve net zero on their own, particularly on a short timeline.
Such a massive, multi-pronged effort to simultaneously upgrade and decarbonize power across the U.S. requires joint government-business collaboration and funding to support development and deployment of new technologies.