Dive Summary:
- In a press release, National Grid said it endorses President Obama's Climate Action Plan, which was unveiled in a speech on Tuesday and, among other things, calls for reducing carbon-based power plant emissions.
- National Grid President Tom King said, “National Grid has long supported federal legislation as a comprehensive means to reduce greenhouse gas emissions. However, in the absence of federal legislation, we support EPA moving forward with greenhouse gas regulations under the Clean Air Act. National Grid looks forward to working constructively with the Administration, EPA, members of the energy industry, and other stakeholders to ensure the regulations reduce greenhouse gas emissions from the energy sector and advance America’s efficient and clean energy future.”
From the article:
King and U.S. Senator Mark Warner co-chair the Alliance Commission on National Energy Efficiency Policy. In February, the Commission released its Energy 2030 report, which found that the United States can double its energy productivity, create over a million jobs, and achieve a one-third reduction in carbon dioxide emissions by 2030 by investing in and modernizing the nation’s energy infrastructure and educating citizens and business leaders to use energy more wisely.
According to King, the President’s announcement today is an important milestone on that journey.