Abstract
This article discusses about the climate change that is continuing to grab the media headlines it is vital that electric utility companies have a low-carbon strategy. There is very little argument that fossil fuels used in power generation contribute substantially to global carbon dioxide emissions. This impact is compounded by rapidly growing global demand for electricity in the face of economic development in emerging countries. Changes in the political and public mindset have left electricity utilities facing a future where continued high levels of carbon emissions are untenable. Understanding the drivers that lead or force utilities to reduce carbon emissions is vital to help leaders of today's global utilities make difficult and long-lived investment decisions.
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