Heating Oil Industry Commits to Net-Zero Emissions by 2050
PROVIDENCE, R.I. — The Northeast's heating oil industry has resolved to achieve net-zero carbon dioxide (CO2) emissions by 2050. This ambitious goal was set at the Northeast Industry Summit held during the 2019 Heating & Energizing America Trade Show (the HEAT Show) at the Rhode Island Convention Center, organized by the New England Fuel Institute (NEFI) and association partners.
The industry's resolution calls for a 15% reduction in CO2 emissions by 2023, a 40% reduction by 2030, and net-zero-carbon emissions by 2050. The resolution also directs industry associations and other groups assembled at the meeting to work with each other to achieve these emissions reductions.