February 25, 2023. The American Gas Foundation recently engaged Concentric to assess enabling policies that could be used to establish regulatory frameworks for incentivizing the production and use of low-carbon gas resources at scale to achieve environmental, waste management, economic development, and other objectives. The study also examines the impact of such policies on the gas utility business model and on the gas utilities’ ability to assist in achieving public policy objectives.
“This study leaves no doubt that low-carbon gas resources and natural gas infrastructure can be a powerful tool in lowering carbon emissions while keeping energy affordable for customers” said Karen Harbert, President and CEO of the American Gas Association (AGA). “Taking full advantage of these promising fuels will require clarifying regulatory authority and aligning incentives for utilities with policy objectives. AGA will work with policymakers to ensure that these barriers do not prevent utilities from providing customers with all benefits that these fuels can provide.”
AGA looks forward to working with policymakers and regulators to address these objectives. America’s natural gas utilities have consistently been at the forefront of innovation in providing affordable, safe, and reliable energy to customers. This study is another step in advancing these goals.