The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

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Jane Van Ryan

Jane Van Ryan
Posted October 30, 2009

The ongoing debate over the Kerry-Boxer climate bill has tended to focus primarily on two issues: the bill's potential costs and its proposed environmental benefits. But there are at least two other critically important items that have not been addressed adequately by the bill's sponsors. Both were mentioned briefly at yesterday's hearing before the Senate Environment and Public Works Committee hearing. 

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climate-bill  climate-legislation  congress  energy  environment-and-public-works-committee  kerry-boxer  refineries  waxman-markey 

Jane Van Ryan

Jane Van Ryan
Posted October 29, 2009

One of America's largest refiners told a Senate panel yesterday that climate legislation could force his company to shutter some U.S. refineries. Bill Kleese, president and CEO of Valero Energy Corp. (not a member of API) made his comments during the second day of the Senate Environment and Public Works Committee hearings on the Kerry-Boxer bill which proposes to reduce greenhouse gas emissions by 20 percent in 2020. The Kerry-Boxer bill would likely reduce U.S. refining jobs because refiners would be forced to pay billions of dollars for carbon credits. 

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climate-bill  climate-legislation  congress  efficiency  environment-and-public-works-committee  kerry-boxer  waxman-markey 

Jane Van Ryan

Jane Van Ryan
Posted October 27, 2009

In the first of a series of Senate hearings about the Kerry-Boxer climate bill today, Senate Finance Committee Chairman Max Baucus (D-Mt.) said he has "serious reservations" about the bill's "overall direction."

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