UGI Corporation UGI and Vertimass ink a 15-year agreement to convert renewable ethanol into renewable-propane and sustainable aviation fuel (SAF) in the United States and Europe, using the latter’s catalytic technology.Vertimass’ technology helps producing sustainable transportation fuels and chemicals that reduce greenhouse gas (GHG) emissions. Production facilities will be developed per the agreement and nearly 50% of the total production capacity from the facilities can be renewable-propane to support UGI’s sustainable goals. This technology is low-cost and will assist in reducing UGI’s global carbon footprint, and boost SAF production.UGI and Vertimass along with other parties plan to invest roughly $500 million for a 15-year period to reach a total production target of 1 billion gallons of combined renewable fuels per annum. It aims to have the first production facility onstream in the fiscal year 2024 with an annual production target of 50 million gallons of combined renewable fuels.Clean-Energy GoalsIn September 2021, the joint venture (JV) of UGI Energy Services, LLC, a subsidiary of UGI, and Global Common Energy, LLC called Cayuga RNG Holdings, LLC inked a deal to develop its second renewable natural gas (RNG) project in upstate New York. Per the agreement, the endeavor will include construction of an anaerobic digester and a combined heat and power project.UGI’s buyout of GHI Energy, LLC, a renewable natural gas company operating in California, is helping it expand its renewable product offerings and support its aim of growing in an environmentally-friendly way.In August, UGI announced the JV (Hamilton RNG) between UGI Energy Services' unit and Synthica Energy, LLC to develop innovative food waste digester projects for producing RNG in Ohio and Kentucky. In May, UGI entered into a JV to develop dairy farm digester projects for producing RNG in upstate New York.UGI also disposed its 5.97% ownership interest in the Conemaugh coal-fired generating station in fiscal 2020 to reduce the total Scope I direct emissions by more than 30%. In May 2021, UGI announced plans to reduce Scope I GHG emissions by 55% within 2025.Transition in the IndustryOne of the biggest challenges today is climate change due to the rising emission of GHG. With increasing awareness of trimming toxic emissions globally, companies are adopting clean-energy sources to provide environmentally-friendly energy to its end users. Even the current US regime had announced plans to reach the net-zero emission economy by 2050.The quest of the utilities to cut down on emission will assist in lowering the release of harmful GHG. ONEOK, Inc. OKE announces its plans to reduce Scope 1 and Scope 2 GHG emissions by 30% from the 2019 levels of 7.2 million metric tons (MMT). Another utility MDU Resources MDU retired Lewis & Clark coal facilities in March 2021 and will retire Hesket I & II coal-fired stations in early 2022. Atmos Energy ATO aims at reducing methane emissions 10-15% in a five years from the current levels. UGI also looks to lower methane emissions 50% within 2035 from the 2017 levels.Price PerformanceShares of UGI have gained 2.7% in the past three months, underperforming the industry’s rally of 6.1%.Three Months Price PerformanceImage Source: Zacks Investment ResearchZacks RankCurrently, UGI carries a Zacks Rank #4 (Sell).You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Zacks Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. As one investor put it, “curing and preventing hundreds of diseases…what should that market be worth?” This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.Free: See Our Top Stock and 4 Runners Up >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ONEOK, Inc. (OKE): Free Stock Analysis Report Atmos Energy Corporation (ATO): Free Stock Analysis Report UGI Corporation (UGI): Free Stock Analysis Report MDU Resources Group, Inc. (MDU): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research