CEO DATELINE — Natural gas group backs carbon pricing
CEO DATELINE — Natural gas group backs carbon pricing
- December 4, 2019 |
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WILLIAM EHART
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The Natural Gas Supply Association said Tuesday it supports carbon pricing as a way to reduce greenhouse gas emissions.
Platts energy news service reported that the move was not a big surprise as major members such as ExxxonMobil, Chevron and ConocoPhillips already have said they support carbon pricing—the imposition of costs for the emission of greenhouse gases.
The moves also comes as environmentalists are shifting their focus to renewable energy mandates rather than carbon pricing, Platts reported.
But NGSA CEO Dena Wiggins told Platts that the association is ahead of the curve among peer groups, and that the decision had unanimous support among members, who are producers and marketers of natural gas.
"We believe that we are the first national gas trade association to support placing a price on carbon, but we're likely not going to be the last," she told the news service. Her members want a seat at the table as climate change policy evolves.
In NGSA's statement announcing the step, Wiggins said NGSA supports a common standard on carbon pricing rather than varying standards by state.
"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," said NGSA CEO Dena Wiggins.
"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. …
"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," Wiggins said.
More and more states are adopting strict carbon reduction goals and renewables standards.
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