Detroit’s DTE Energy today announced a goal to achieve net zero carbon emissions in its electric company by 2050, going beyond its previous commitment to reduce carbon emissions by 50 percent by 2030 and by 80 percent by 2040.
The company has made the change to align its plans with scientific consensus of the importance of achieving a significant economy-wide carbon emissions reduction by mid-century.
In early 2017, DTE was the first energy company in the state and one of two in the nation to commit to an 80 percent carbon reduction goal. A few months ago, DTE moved its 80 percent reduction goal up by 10 years.
“We are fully committed to doing our part to dramatically reduce carbon emissions from DTE Electric,” says Jerry Norcia, CEO. “Setting the goal of net zero carbon emissions for our electric company by 2050 is an important next step that builds on our existing commitments. This is the right thing to do for our customers, business, and the environment. We are doing as much as we can, as fast as we can, to provide our customers and the state of Michigan with clean energy that is affordable and reliable, and we invite everyone in the state to join us as we work together to build a cleaner energy future for Michiganders.
Achieving carbon neutrality will require further advancements in technology such as carbon capture, large-scale storage, and modular nuclear facilities. With the goal, DTE plans to scale its research and development accordingly, form partnerships to develop this technology, and work with policy makers to advocate for focused research.
“As schools, businesses, and communities throughout Michigan strive to become more energy efficient, there is a significant opportunity to reduce carbon emissions in a way that provides affordable clean energy, protects our environment, and benefits Michigan’s economy,” says U.S. Senator Gary Peters (R, Michigan), a member of the U.S. Senate Committee on Commerce, Science, and Transportation. “I welcome DTE’s goal to achieve net zero carbon emissions by 2050, and I’ll continue focusing on supporting clean energy efforts and technologies in the Senate.”
DTE is on pace to triple its renewable capacity in the next 10 years and has developed some of the largest wind and solar installations in the Midwest. To date, it has driven investment of $2.8 billion in Michigan-made renewables and expects to double that in the next five years.