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AltaGas Ltd T.ALA

Alternate Symbol(s):  T.ALA.PR.B | ATGAF | T.ALA.PR.G | ATGFF | ATGPF | T.ALA.PR.A

AltaGas Ltd. is a Canada-based energy infrastructure company that connects natural gas and natural gas liquids (NGLs) to domestic and global markets. The Company’s segments include Utilities and Midstream. Its Utilities segment owns and operates franchised, rate-regulated natural gas distribution and storage utilities, which includes four utilities that operate across five United States jurisdictions. It Utilities segment also includes storage facilities and contracts for interstate natural gas transportation and storage services, as well as the affiliated retail energy marketing business. Its Midstream segment includes global exports, which includes its two LPG export terminals; natural gas gathering and extraction, and fractionation and liquids handling. Its Midstream segment also consists of natural gas and NGL marketing business, domestic logistics, trucking and rail terminals, and liquid storage capability. Its subsidiaries include Wrangler 1 LLC, WGL Holdings, Inc. and others.


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Post by morzineon Aug 31, 2021 6:13pm
278 Views
Post# 33792233

California - natural gas, the right choice

California - natural gas, the right choiceInteresting editorial regarding use of natural gas in California:

California wises up and chooses natural gas | Washington Examiner

The following is from that editirial :

The good news is that natural gas is an ideal partner for intermittent sources of power such as solar and wind. When the sun goes down, gas can be ramped up quickly to provide needed electricity. When the wind surges or dies down, gas can easily be turned up or down by degrees to compensate.

Because natural gas emits only half the carbon dioxide that coal emits per unit of energy, it has allowed the United States to reduce the carbon footprint of its electrical utilities significantly over the last 15 years. In fact, thanks to fracking and the cheaper price of natural gas, and not at all thanks to environmentalists or Greta Thunberg or dire predictions that global warming will end the universe in 12 years, the U.S. has regularly led the world in emissions reductions.

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