This week, the U.S. House of Representatives will take up the Waxman-Markey bill aimed at reducing greenhouse gas emissions. While the oil and natural gas industry endorses the bill's goal of protecting the environment, this bill should be rejected. Simply stated, the Waxman-Markey climate change legislation will cost Americans billions of dollars, kill jobs and will not deliver the environmental benefits promised.
In anticipation of the upcoming House vote, I sent a letter to Congress urging the members to set the bill aside and take the time necessary to get this legislation right.
API and its member companies are committed to working with Congress to produce climate change legislation, but not at the expense of the American consumer and the economy.
For more, read the full letter to Congress.
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