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Nebraska committee opens review of public power net-zero goals; utilities stress reliability, local control
Summary
The Natural Resources Committee's LR234 hearing gathered CEOs from Nebraska's public utilities to explain net-zero or carbon-neutral goals, emphasizing reliability, rate impacts and the role of diverse generation including nuclear, gas and renewables.
Senator Jared Storm introduced LR234, an interim study to examine how net-zero or carbon-reduction goals adopted by Nebraska public power entities could affect reliability, rates and local economies. CEOs and managers from Nebraska Public Power District (NPPD), Omaha Public Power District (OPPD), Lincoln Electric System (LES), and wholesale suppliers described current goals as aspirational and said planning must balance affordability and reliability.
Tom Kent, president and CEO of NPPD, said his board's net-zero target (2050) is an aspirational policy designed to manage business risk from potential future regulation and market changes rather than an immediate mandate. "Achieving net zero means that any greenhouse gas emitted is balanced by an equivalent amount being removed," Kent said, adding the board's goal is "conditioned upon no increase in cost…
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