Principal Paul Hibbard Evaluates Carbon Dioxide Benefits Resulting from AltaGas Acquisition of Washington Gas and Light
November 01, 2018
For the proposed merger of two energy infrastructure companies – AltaGas Ltd. and Washington Gas and Light Holdings, Inc. – Analysis Group Principal Paul Hibbard provided expert testimony before the Maryland Public Service Commission and the Public Service Commission of the District of Columbia.
As part of the merger review, Mr. Hibbard evaluated the potential carbon dioxide emission reduction and other environmental impacts of the proposed merger and associated merger commitments. Mr. Hibbard also provided rebuttal testimony before the DC Commission describing the applicants' approach and commitment to reducing emissions of greenhouse gases (GHG) and addressing environmental remediation obligations. In his testimony, Mr. Hibbard provided estimates of reductions in carbon dioxide and methane emissions that could be traced to the companies' energy efficiency, renewables, and energy storage initiatives and commitments. Vice President Pavel Darling provided analytical support in the preparation of Mr. Hibbard's testimony.
Both commissions have approved the acquisition, contingent on meeting the conditions laid out in their respective settlement agreements.