National Grid, the utility company with operations in the U.S. and United Kingdom has modified it's goal to reduce greenhouse gas emissions by 80% from the original 60% goal. National Grid plans to achieve this by 2050 taking into consideration their carbon budget in all future operations including construction, design, investments, and maintenance of its electricity, gas networks and fleets. The company plans to create annual and five year emissions goals in order to reach their 80% reduction target.  

"We have already reduced our greenhouse gas emissions by 35 percent, but we need to do more," said Steve Holliday, National Grid's CEO. "Adopting carbon budgets and integrating them into our business performance process will encourage our employees to identify new ways to achieve the challenging 80 percent reduction target, and ensure emissions reductions remain at the heart of our operational decision-making."

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