Industry Says Bill Must Weigh Effect on Natural Gas Costs

ACC and other chemical trade groups have asked U.S. lawmakers to consider that climate change legislation must include energy policy initiatives aimed at curbing spikes in natural gas pricing as well as global warming. Mandatory greenhouse gas (GHG) reductions can force utilities to switch from coal to natural gas, driving up feedstock costs for chemical producers, executives say. The request was included in industry’s response to a request from Representative John Dingell (D., MI), who asked that industry, environmental, and government officials comment on...

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