ACCCE Statement in Response to White House Carbon Policy Meeting

/PRNewswire/ -- In response to today's meeting at the White House between Hill leaders and President Obama, Joe Lucas, Senior Vice President, Communications for the American Coalition for Clean Coal Electricity (ACCCE) released the following statement:

"President Obama, in describing a federal carbon policy, has said, 'if it is too expensive, people won't do it.' We couldn't agree more.

"That is why we believe that as officials at the White House and in Congress continue to work on a federal carbon management bill, their goal needs to be to find a policy that is both effective and affordable.

"ACCCE supports a mandatory federal carbon management program that will achieve emissions reductions, create jobs, preserve fuel diversity as a means of promoting greater energy independence, and ensure access to affordable, reliable electricity for American businesses and consumers. Bringing new advanced technologies to the marketplace and driving down the cost of deploying these technologies will ensure that consumers receive the benefit of reduced emissions and access to affordable energy.

"The current bill being discussed in the House of Representatives does not yet detail how emission allowances will be distributed. Any bill that Congress ultimately adopts needs to provide enough allowances to affected industries to help them transition to a low-carbon economy. Auctioning trillions of dollars in allowances is not the best way to make carbon legislation less expensive, nor will it make the program more environmentally effective.

"ACCCE and its members will continue to engage with Congressional leaders and the Administration in pursuit of a carbon policy that meets America's environmental and economic needs."

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