A Biden win would bolster American Electric Power's clean energy plans, CEO says

  • 📰 CNBC
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 72%

United States United States Headlines News

United States United States Latest News,United States United States Headlines

'If a Biden administration comes in, we certainly expect more aggressiveness in terms of the targets,' American Electric Power CEO Nick Akins said of the looming election.

plans to push forward on its clean energy plans, whether the country reelects President Donald Trump or Joe Biden to the White House next month, CEO Nick Akins told CNBC's Jim Cramer on Monday.

"We'll continue moving toward a clean energy economy," Akins, when asked how the election could affect its emissions agenda, said in a "" interview, adding that shareholders "expect us to move in that direction and derisk our company going forward from that perspective, and we'll continue that approach."

American Electric Power, which is based in Columbus, Ohio and produces and distributes electricity, has made investments to reduce its reliance on coal. The company says it has reduced carbon dioxide emissions by 65% in the past two decades. "If a Biden administration comes in, we certainly expect more aggressiveness in terms of the targets, but we're already moving forward very quickly and we'll continue to focus on that as we move forward," Akins said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

And probably still Madigan connections.

So much for reporting the news CNBC. Lol!

Don’t ever underestimate humans ability to do things against their own self interests

More snow oil salesman pedaling sub-par technology. Remember Solyndra?

Does CNBC even believe the BS that they post? Next Post ...Biden’s plan to kill oil industry will be good for GIG workers so they can have flexible schedules

Solyndra

That CEO is Brain dead.

Futures trade higher on ACB confirmation!

Total bullshit.

Ya alright . CNBC fake news as usual . Positioning strong 💪 in market triple the investment . You have already doubled down your portfolio 💼 +++++ to sell after realDonaldTrump wins

Two other CEO’s just said it wouldn’t....carry on.

Like Solyndra. Gotcha.

It’d screw the rest of us, but whatever.

Ummmm no.

And it’s been shown to be a disaster in California where it’s already been tried 😂

If Biden wins... I'd invest in candle companies.

You have 3.8 million followers and realDonaldTrump shits on you with 87.3 million followers! You’re the numbers people and numbers don’t lie 🤣

And destroy our agriculture, farming and food supply chains.

Nuclear power is the way to go. Biden is a puppet.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States United States Latest News, United States United States Headlines