Carbon regulations must be flexible, recognize success of natural gas
OREANDA-NEWS. June 17, 2016. EPA’s proposed Clean Energy Incentive Program (CEIP) under the Clean Power Plan must embrace the effectiveness of natural gas in reducing carbon emissions, according to API Senior Director of Regulatory & Scientific Affairs Howard J. Feldman.
“API will be reviewing the just-released proposal from EPA on its proposed Clean Energy Incentive Program under the Clean Power Plan. API strongly urges EPA to provide flexibility and a level playing field for all greenhouse gas reduction approaches, including the increased use of natural gas.
“Ramping up the use of natural gas at existing power plants achieves emissions reductions quickly and at a low cost. Increased domestic oil and natural gas production lowers costs for families and businesses, adding \\$1,337 in disposable income per household last year and creating high-paying jobs nationwide. Additionally, increased use of natural gas has helped drive U.S. carbon dioxide emissions to near 20-year lows while energy use and production have increased.”
API is the only national trade association representing all facets of the oil and natural gas industry, which supports 9.8 million U.S. jobs and 8 percent of the U.S. economy. API’s more than 650 members include large integrated companies, as well as exploration and production, refining, marketing, pipeline, and marine businesses, and service and supply firms. They provide most of the nation’s energy and are backed by a growing grassroots movement of more than 30 million Americans.
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