NRG to cut emissions 50% in 5 years, and all by 2050

Princeton-based NRG Energy Inc. plans to cut emissions 50% in the next five years, with a goal to eliminate all emissions by 2050.

NRG’s (NYSE: NRG) new goals, announced in the wake of the UN Climate Action Summit held Monday in New York, are in line with new guidance from the UN’s Intergovernmental Panel of Climate Change on how much greenhouse gases must be reduced in order to avoid the worst effects of climate change.

At the summit, UN Secretary-General Antonio Guterres called on countries…

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