Electric utilities at risk from climate goals despite Paris exit, Moody’s says

Published May 15, 2018 8:30pm ET



Credit ratings giant Moody’s is warning that a big chunk of the nation’s electric utilities are at risk of closing because of the transition toward renewable energy, which is occurring despite President Trump’s decision to pull the U.S. out of the Paris climate change agreement.

The report, issued Tuesday, says not-for-profit public power and cooperative utilities, which generate and transmit electricity, are facing “rising risks” from the transition to less carbon dioxide-emitting power plants, because they own most of the coal plants across rural America.

Already a print subscriber? Click here to login/register your account

Trusted reporting.Unlimited access.

Subscribe for full access to Washington Examiner coverage, expert political analysis, and subscriber-only journalism.

Get Unlimited Access

Already a member? Log in

Cancel anytime.