PSEG CEO Ralph Izzo Launches 5 Things to Tackle Climate Change
NEWARK, N.J. – Sept. 25, 2019 – Despite clear and science-based warnings that humanity has a limited window within which to make drastic cuts to global carbon emissions, the world continues to move slowly in taking action to address climate change. Today, Public Service Enterprise Group Chairman, President and CEO Ralph Izzo launches his 5 Things to Tackle Climate Change – a climate strategy that fits on one hand.
The 5 Things in desperate need of attention and action to reduce the most damaging impacts of climate change are:
- Energy efficiency
- Preserving carbon-free nuclear energy
- A price on carbon
- Renewable energy
- Electrifying transportation
“You don’t need to be a physicist or an engineer to see that we need to act on climate now to avoid the most damaging impacts of climate change in the future,” Izzo said. “If we hope to mitigate the most damaging impacts of our changing climate, it’s clear that there are five things we need to do – some more quickly than others.”
Public Service Enterprise Group Incorporated (PSEG) (NYSE: PEG) is a publicly traded diversified energy company with approximately 13,000 employees. Headquartered in Newark, N.J., PSEG's principal operating subsidiaries are: Public Service Electric and Gas Company (PSE&G), PSEG Power and PSEG Long Island. PSEG is a Fortune 500 company included in the S&P 500 Index and has been named to the Dow Jones Sustainability Index for North America for 12 consecutive years.
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