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Competitiveness, Jobs at Risk in New Energy Proposal
WASHINGTON, D.C. (April 13, 2011)
- The American Chemistry Council (ACC) today urged caution as Congress considers legislation that would create federal incentives for natural gas vehicles. The "New Alternative Transportation to Give Americans Solutions Act (H.R. 1380)" was introduced on April 6.
"American manufacturers need affordable natural gas to compete successfully in global markets," said
, President and CEO of the American Chemistry Council. "Federal incentives for natural gas vehicles could divert much-needed supplies from manufacturers, threatening competitiveness and jobs. Supply diversion and its impacts must be considered as lawmakers discuss this bill.
"Congress needs to recognize how the NAT GAS Act favors one U.S. sector over another, and that it distorts markets: Congress should not subsidize some natural gas uses at the expense of others. Natural gas shouldn't need generous federal preferences to compete in energy markets, given its many economic and environmental benefits.
"We urge lawmakers to carefully consider manufacturing impacts of new energy proposals, including the NAT GAS Act."
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