NAM calls for US energy strategy
The National Association of Manufacturers says the next administration should draft a strategy to counteract growing energy supply problems.
WASHINGTON, DC�The National Association of Manufacturers says the next administration should draft a strategy to counteract growing energy supply problems.
"The recent string of energy supply problems and power interruptions are a wake-up call on the importance of polices that encompass the full range of energy sources. Industry needs an adequate and secure supply of energy at globally competitive prices to continue the nation�s recent economic growth," said Mark Whitenton, vice-president for Resource, Environment, and Regulations.
NAM said US manufacturers have been increasing their overall energy efficiency.
It said during the last decade, manufacturing output has grown at almost four times the rate of the increase in national electricity consumption.
And it said a survey of NAM members found 85% have upgraded and improved the energy efficiency of their US-based plants and offices during the past 5 years.
"It is unfortunate that the current administration has implemented�directly and indirectly�unbalanced national energy policy by focusing on selected energy sources.
"Historically, the federal government has caused enormous economic waste when it tries to pick �winners and losers� in the energy marketplace. A federal energy policy that restricts certain fuels to the exclusion of others can restrict economic growth," Whitenton said.
NAM said that although natural gas is projected to supply half of US electricity generation growth in the next decade, the administration has discouraged exploration and production of gas on multiple-use federal lands and the Outer Continental Shelf.
Whitenton said since energy is a vital component of continued economic growth, "a sound, broadly-based federal energy policy should be a top priority for the next administration."