Efforts to shift the U.S. electrical grid off fossil fuels have major obstacles to overcome to meet the Biden administration’s decarbonization targets, let alone some companies’ more ambitious goals, executives said at an industry event this week.
“If we have to decarbonize the entire economy by 2050, electricity has to go a hell of a lot faster,” said Miranda Ballentine, chief executive of the Clean Energy Buyers Association, during a panel discussion at a climate-change conference hosted by the nonprofit Aspen Institute…