National Grid at Center for Climate and Energy Solutions Report Launch
Patty DiOrio, VP of US Strategy, National Grid, appeared as a speaker on a panel hosted/moderated by the Center for Climate and Energy Solutions (C2ES) to briefly discuss Climate Innovation 2050 repository, which produced three alternative scenarios for achieving an 80 percent reduction in greenhouse gas (GHG) emissions by 2050. Her participation mainly highlighted National Grid’s efforts to assess and advance long-term climate goals (Northeast 80x50 Pathway and internal GHG targets) for the power, transportation and heating sectors.
Patty was joined by Bob Stout, Vice President and Head of Regulatory Advocacy and Policy of BP, on the panel. She fielded inquiries about the impetus/key focus areas of our long-range sustainability/decarbonization scenarios, and their impacts/responses to our customers and shareholders. Additionally, Patty answered questions about the impressions of our sustainability work on the culture of the Company and the role of the political environment on our decisions. Finally, she provided a brief summation of our commitment to sustainability initiatives – including support for the Paris Climate Accord, expansion of fuel economy standards, involvement in RGGI, placing an economy-wide price on carbon, and electrification of transportation infrastructure via our rate filings.
The C2ES report, which incorporates insights/content from National Grid, BASF, BP, Dow, Duke Energy, Entergy, Exelon, PG&E and several other stakeholders, will serve as a foundation for the next stage of its larger U.S. decarbonization strategy/advocacy work.
Watch the full video of the event here.