When a company lobbies in favor of some Paris-aligned climate policies and simultaneously opposes others either directly or indirectly, does one cancel the other out?
A new assessment of climate lobbying practices in the power sector uncovers the contradictory misalignment between the public climate commitments set by utilities and their lobbying activities. Toward Consistency: Assessing the Power Sector's Climate Policy Advocacy analyzes 12 of the largest U.S. utility companies.
Policy engagment is a powerful tool in climate advocacy and the utilities sector is significantly more active in voicing its support compared to other sectors in the S&P 100. However, many of these companies are members of trade associations that directly lobby against the same climate policies they support.
This assessment calls on power companies to establish a more synchronized approach to climate policy advocacy and consistenly lobby in favor of policies that will help us achieve a net zero emmissions economy. In the transition to a clean energy economy, the utilities sector is an essential voice to drive ambitious climate action.