The Future of Gas: Decarbonizing Gas Utilities Through Thermal Energy Alternatives

ICCR Climate Crisis Issue Brief Two, August 2024

The decarbonization of the energy utility sector is a top priority for investors in the ICCR network. Investors are increasingly concerned about the expensive proposed "solution" put forward by major gas utilities to achieve "sustainability" of their networks, and should consider engaging companies on truly sustainable alternatives to the continued large investment in fossil gas infrastructure. The deployment of non-combusting thermal energy networks is a sensible path forward.

This ICCR brief discusses the aging infrastructure of the natural gas network and offers policy recommendations and guidance for shareholder engagement on thermal energy networks.