23 July 2009– Public Service Enterprise Group (PSEG) cut its carbon output by more than 10 percent over its goal as part of its participation in a U.S. Environmental Protection Agency program.
As part of the EPA’s Climate Leaders Program, PSEG voluntarily pledged to reduce its greenhouse gas emissions by 18 percent from 2000 levels by the year 2008. It surpassed the goal by achieving a 31 percent reduction.
The company reduced emissions by expanding nuclear output and building new natural gas plants along with a drop in coal-fired output from 2007 to 2008. PSEG said it did not purchase renewable energy credits or greenhouse gas offsets to help meet the target.
PSEG is working on other initiatives to further reduce its carbon footprint, including $105 million in loans for solar installations, developing a 350 MW offshore wind farm and buying hybrid vehicles.