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Climate bill seen raising gas use, lowering supply

04/07/2008
Climate-change legislation in the US Senate would boost demand for natural gas while limiting supply, according to analyses by two industry groups.The Climate Stewardship and Innovation Act sponsored by Sens. Joseph Lieberman (I-Conn.) and John McCain (R-Ariz.) would raise gas demand by an average 14%/year against reference-case levels during 2020-30, warned the Natural Gas Council in a Mar. 11 letter to lawmakers (OGJ Online, Mar. 12, 2008).NGC challenged a US Energy Information Administration assertion that the legislation could lower gas use. It said EIA assumed construction of 145 nuclear plants by 2030 and argued the number more likely would be 25.Since the council began its study, t...
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