AGA Urges Policy Support for Lower Carbon Natural Gas Resources
Source: https://www.naturalgasintel.com/aga-urges-policy-support-for-lower-carbon-natural-gas-resources/
Author: Gabrielle Vitali
The right incentives could allow natural gas utilities to use existing infrastructure to advance low-carbon fuels and fight climate change, according to a study commissioned by the American Gas Association (AGA). AGA consulted Concentric Energy in discovering key regulatory frameworks that would encourage the production of low carbon products. “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 AGA CEO Karen Harbert. “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 and Concentric, a management consultant group that focuses on natural gas markets and the oil pipelines industry, said the main findings highlight the importance of legislative support. The report also delves into the role gas utilities play in educating policymakers on the benefits of lower carbon alternatives, such as hydrogen and renewable natural gas (RNG), aka biogas.