Wednesday, December 4, 2019

In A First, National Natural Gas Supply Assn. Supports Carbon Pricing, Including Major Natural Gas Drilling Companies In PA

On December 3, Natural Gas Supply Association announced its support for carbon pricing as a critical pathway to aggressively reducing carbon emissions. 
NGSA’s members are among the world’s largest producers and marketers of natural gas, including-- Anadarko Petroleum Corp, BP, Cabot, Chevron, ConocoPhillips, EQT Corporation, ExxonMobile, Kalnin Ventures, Shell Energy North America, Southwestern Energy Company, Tenaska and Total Gas & Power North America.
Dena Wiggins, president and CEO of NGSA said: “We want to create a clean energy future that is affordable for all and we believe a price on carbon will help get us there. Pricing carbon will help reduce carbon emissions now, while encouraging the development of innovative technologies like carbon capture that will drastically reduce or even eliminate emissions in the future.”
Wiggins continued, “Working together with policymakers, we can protect hardworking families by ensuring that the proceeds from carbon pricing are directed to affected communities, consumers and businesses. States that incorporate and coordinate carbon pricing can make a huge impact on present and future emissions.”
Wiggins said, “We believe a national carbon pricing plan across all sectors would achieve the best results, but if states are designing individual approaches to reducing emissions right now, we urge them to incorporate a price on carbon in power markets, ideally coordinated with other states. Working together, we can do this.”
Speaking about the role of natural gas in the energy transition, Wiggins said, “If we are serious about a cleaner future, we have to reduce carbon emissions in a way that is sustainable and that maintains diversity, reliability and affordability for households and businesses. Using natural gas combined with well-designed policies that include carbon pricing is an important part of that sustainable solution because of the ability of natural gas to cut carbon and empower renewables.” 
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[Posted: December 4, 2019]

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