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API statement on EPA expected endangerment finding

WASHINGTON, December 7, 2009 – The American Petroleum Institute issued the following statement today from President Jack Gerard on EPA’s expected endangerment finding:

“This action poses a threat to every American family and business if it leads to regulation of greenhouse gases under the Clean Air Act. Such regulation would be intrusive, inefficient, and excessively costly. It could chill job growth and delay business expansion. The Clean Air Act was meant to control traditional air pollution, not greenhouse gases that come from every vehicle, home, factory and farm in America. A fit-for-purpose climate law is a much preferred solution.

“There was no compelling deadline that forced EPA’s hand on this decision. It is a decision that is clearly politically motivated to coincide with the start of the Copenhagen climate summit. EPA’s finding is inadequate, unsupported by the record and fails to demonstrate a significant risk of harm to public health or welfare.

“API members are reducing greenhouse gas emissions and investing in technology to reduce them further. Between 2000 and 2008, U.S.-based oil and natural gas companies invested $58 billion in low-carbon energy technologies to reduce greenhouse gas emissions, more than either the federal government or all other U.S.-based private industry combined.”

Updated: December 8, 2009
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