Mike Sommers, President and CEO of the American Petroleum Institute (API), writes on The Washington Post that real climate solutions won’t happen without natural gas and oil.
- The switch from coal to natural gas has reduced our emissions to generational lows.
- Climate policies should encourage growth and innovation, not stagnation.
- The oil and gas industry invests more money than the federal government into clean energy projects.
“U.S. natural gas and oil have already taken some big leaps to support progress in all three areas. As the country sheltered in place to ride out the pandemic, the natural gas and oil industry reliably provided the majority of affordable and reliable energy needed domestically, while displacing coal and other sources for power generation across the world by exporting cleaner natural gas to support emissions reduction goals. The U.S. has driven carbon emissions down to generational lows, even as U.S. energy production and energy demand have grown. And American energy produced today has a 90% smaller surface footprint than in the past and is produced cleaner than almost anywhere in the world. In citing this progress, we do not diminish or overlook the challenges before us; we understand firsthand how much more work there is to be done together.”
Read the full article here.