#StrandedAssets...Are they worth the #Risk? #CleanEnergy #ClimateFinance #CarbonBubble #JustTransitionhttps://twitter.com/seankidney/status/1041264425892831232 …
US gas utilities depreciate distribution assets over 65 to 80 years. But, adoption of heat pumps will reduce gas asset's economic life, creating #StrandedAssets. We must begin a process of managed de-capitalization by accelerating depreciation and banning new gas expansion.