May 23, 2018
Greenhouse gas emissions are a growing problem, but Arizona State University sustainability scientist Elisabeth Graffy believes that the electric utility industry can be a force for change. Graffy recently co-wrote an article, “Corporate Finance and Sustainability: The Case of the Electric Utility Industry,” about this topic in the Journal of Applied Corporate Finance.
The electric utility sector “accounts for about half of all climate emissions and is the foundation of all sustainable energy futures that generally get discussed,” said Graffy, who leads several initiatives at the Julie Ann Wrigley Global Institute of Sustainability, including the LightWorks program’s Energy and Society group. In the article, Graffy and three analysts discuss how the industry can transform to meet sustainability goals — no small feat.