Investors and regulators are calling for companies to test their assumptions and resilience against climate-related risks and provide investors insight concerning the impact on financial statements; 1 2 3



The electricity sector is 25 percent of total US greenhouse gas emissions; 4



The implied temperature rise of the utilities sector is currently 3.7°C, 5 above Paris-aligned pathways; 6



The power and utilities sector broadly fails to align critical accounting assumptions and estimates with the goals of the Paris Agreement; 7



Experts estimate planned future US gas-fired power generation places over $24 billion of value at risk for investors, and that 31 percent of current US gas-fired power generation is already unprofitable; 8



The US NDC codified a goal of 100 percent carbon pollution-free electricity by 2035, 9 which experts agree implies an interim target of 80 percent clean electricity by 2030 relative to a 2005 baseline; 10



The US NDC electricity goal with an 80 percent interim target by 2030 would help avoid combined health and climate damages of $150 billion to $705 billion through 2030 or 2035 and $1 trillion to $3 trillion through 2050; 11



Entergy’s energy fuel supply is 53 percent fossil fuels (48.8 percent natural gas and 4.2 percent coal) and results in the tenth-highest overall CO2 emissions of US electric power producers; 12



As of November 2021, Entergy had not committed to an 80 percent interim CO2 reduction goal below 2005 levels by 2030 or set a 100 percent carbon pollution-free electricity goal by 2035; nor had it disclosed how Paris alignment assumptions and regulatory disallowance risk may change via committing to the above US NDC pledge;



Twelve industry peers—but not Entergy—via open letter lobbied the executive branch to reduce industry carbon emissions by 80 percent below 2005 levels by 2030; 13



Industry peers American Electric Power, Dominion, WEC, and Xcel Energy have already committed to an 80 percent interim CO2 reduction goal by 2030. 14