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Public power utilities face growing risk from renewables shift, says Moody's
Utility Dive: The U.S. power sector is feeling some effects from the Paris Climate Accord even though President Donald Trump announced last June that the U.S. would withdraw from the non-binding agreement aimed at curbing global greenhouse gas emissions.
Moody's new report, "Public Power and Electric Cooperatives – US: Prudent self-regulation is key to managing carbon transition risks,” uses a framework to assess carbon transition risk for munis and G&T co-ops that draws on the Nationally Determined Contributions (NDCs) of the Paris accord — the emissions cuts pledged by each country that signed the agreement.
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