February 3, 2021 /3BL Media/ - Climate change is a defining issue of our time, impacting all global citizens, industries, and nations. That is why Vistra has set goals to reduce our carbon footprint by 60 percent by 2030 and achieve net-zero carbon emissions by 2050. As an integrated retailer and producer of electricity, Vistra is committed to combating climate change through, most importantly, the reduction of greenhouse gas (GHG) emissions from our business activities. During this important transition, Vistra is well-positioned to not only display resiliency, but to lead.
As the economy and Vistra adapt to climate change and implement adaptation and mitigation efforts, opportunities emerge. The most significant area of opportunity for Vistra is from the expected electrification of the economy. As industries, especially the transportation industry, continue to transition away from fossil fuels toward electricity as their primary source of fuel, most climate change scenarios predict there will be an increase in electricity demand over the next several decades.
While the sources and methods with which Vistra serves its customers this critical product will evolve over time, the company’s role in the process — to generate safe, reliable, and affordable power, all while lowering emissions — will not.