American chemistry council opposes US energy proposals

0

Source: The Compliance Center (ICC)

The American Chemistry Council (ACC) has opposed a utility-focused cap-and-trade proposal being discussed by the US senate as part of energy and climate legislation.

ACC president and CEO Cal Dooley spoke about his concern for the cap-and-trade programmes, citing his belief that utility-focused programmes will affect the chemicals industry because of their exposure to global trade.

'Such proposals will raise energy prices, including natural gas feedstock costs, and in turn harm the global competitiveness of America's chemical industry,' Dooley said.

Transition assistance is not provided to manufacturers who bear the burden of any utility emissions cap, according to the ACC.

Customer comments

No comments were found for American chemistry council opposes US energy proposals. Be the first to comment!