Paving the road from COP26 to a decarbonised US power grid

US still too reliant on fossil fuels

clock • 4 min read
Jerry Polacek is group lead of the Ecofin US RNEW

Jerry Polacek is group lead of the Ecofin US RNEW

Global leaders are set to converge in Glasgow on 31 October for COP26, the UN Climate Change Conference.

Countries are being tasked with setting ambitious 2030 emissions reduction targets that support the goal of securing net zero emissions by mid-century.  With the 2020 election of President Joe Biden, the US is now determined to serve as a powerful force towards combatting climate change.  This is displayed through its February 2021 re-entry into the Paris Climate Agreement and the primacy of its domestic climate agenda.  Yet for the US to be successful in achieving Biden's aspirational goal of decarbonising the world's second largest power grid by 2035, there must be strong alignme...

To continue reading this article...

Join Investment Week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week