Net-Zero Carbon Electricity by 2050
The Power of Working Together
Your community energy company is targeting net-zero carbon electricity by 2050. By working together, we can reach our goal of a cleaner, more sustainable future.
In November 2015, MGE introduced our Energy 2030 framework for a more sustainable future, setting a carbon reduction goal of at least 40% (from 2005 levels) by 2030, consistent with the Paris Agreement on climate change. Energy 2030 also established our foundational objectives for building your community energy company for the future. Since setting our 2030 and 2050 carbon reduction targets, we have said that if we can go further faster by working together with our customers, we will.
MGE is on the path toward deep decarbonization, pursuing globally recognized strategies to achieve an ambitious net-zero carbon goal that is consistent with the latest climate science. And, consistent with the science, we fully expect to achieve carbon reductions of 65% by 2030. Our carbon reduction goals reflect our vision and signal our direction but do not determine our pace. We’re working to achieve deep decarbonization as quickly and as cost-effectively as we can for the benefit of all of those we serve.
Net-Zero Carbon by 2050
In May 2019, MGE announced its ambitious goal of net-zero carbon electricity by 2050 consistent with the Intergovernmental Panel on Climate Change October 2018 special report on limiting global warming to 1.5° Celsius. In fall 2020, the UW-Madison Nelson Institute for Environmental Studies released its independent analysis of MGE’s net-zero carbon goal.
As you'll hear from Dr. Tracey Holloway from the UW-Madison and our CEO Jeff Keebler in this video, MGE’s net-zero carbon goal is consistent with the latest climate science and is in line with or more aggressive than model benchmarks for limiting global warming to 1.5° Celsius.
We can meet—or even exceed—our carbon reduction goals by working together. Learn about our deep decarbonization strategies and stay informed by visiting mge2050.com.