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Counterpoint: if your climate plans don't involve *a lot* of investment, they probably aren't good plans. If they do involve a lot of investment, then it might make sense to check in with banks to make sure they are ready for that level of investment. https://twitter.com/CANCEL_SAM/status/1220056190610288642 …
In New York, most, if not all, utility "investments" in gas distribution assets will become stranded assets before 2050 -- but their costs won't be fully recovered for 65 to 85 years. Utility investments in geo district heating would have much longer life.
Note: The ConEd rate case, approved by the PSC last week, authorizes ConEd to perform pilots of Geothermal District Heating systems to displace gas and oil demand. The future begins now.
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