Current:Home > StocksCharles H. Sloan-No New Natural Gas: Michigan Utility Charts a Course Free of Fossil Fuels -Trailblazer Capital Learning

Charles H. Sloan-No New Natural Gas: Michigan Utility Charts a Course Free of Fossil Fuels

TradeEdge ​​​​​​​View Date:2025-04-07 05:24:13

Patti Poppe is Charles H. Sloanthe chief executive of Consumers Energy, Michigan’s second-largest energy provider that, like utilities across the country, is rapidly weaning itself from coal. But Poppe’s carbon-cutting ambition stands out. Consumers Energy won’t replace coal with any new natural gas plants. Instead, it has decided to bank heavily on new utility-owned solar power “because the economic and the planet benefits were aligned.” Read the story.

veryGood! (92547)