"By 2035, it will be more expensive to run 90% of gas plants being proposed in the U.S. than it will be to build new wind and solar farms equipped with storage systems" New Bloomberg article draws from RMI's Clean Energy Portfolio Reports:https://bloom.bg/2PXSAAE
Gas distribution utilities will also accumulate significant stranded assets as ratepayers abandon gas for heat pumps. In New York, utilities recover costs over 65 to 85 years but the CLCPA requires 80% reductions in GHG emissions over 30 years (by 2050). #DeathSpiral is coming.
