ACCCE Statement in Response to White House Carbon Policy Meeting
Posted on: Tuesday, 5 May 2009, 16:56 CDT
"President Obama, in describing a federal carbon policy, has said, 'if it is too expensive, people won't do it.' We couldn't agree more.
"That is why we believe that as officials at the White House and in Congress continue to work on a federal carbon management bill, their goal needs to be to find a policy that is both effective and affordable.
"ACCCE supports a mandatory federal carbon management program that will achieve emissions reductions, create jobs, preserve fuel diversity as a means of promoting greater energy independence, and ensure access to affordable, reliable electricity for American businesses and consumers. Bringing new advanced technologies to the marketplace and driving down the cost of deploying these technologies will ensure that consumers receive the benefit of reduced emissions and access to affordable energy.
"The current bill being discussed in the House of Representatives does not yet detail how emission allowances will be distributed. Any bill that Congress ultimately adopts needs to provide enough allowances to affected industries to help them transition to a low-carbon economy. Auctioning trillions of dollars in allowances is not the best way to make carbon legislation less expensive, nor will it make the program more environmentally effective.
"ACCCE and its members will continue to engage with Congressional leaders and the Administration in pursuit of a carbon policy that meets America's environmental and economic needs."
About ACCCE
The American Coalition for Clean Coal Electricity (ACCCE) is a non-profit, non-partisan partnership of companies involved in producing electricity from coal. Because coal is America's most abundant energy resource, ACCCE supports energy policies that balance coal's vital role in meeting our country's growing need for affordable and reliable electricity with the need to protect the environment. ACCCE also advocates for the development and deployment of advanced clean coal technologies that will produce electricity with near-zero emissions. Headquartered in
SOURCE American Coalition for Clean Coal Electricity (ACCCE)
Source: PR Newswire
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