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API Applauds Launch of Bipartisan Climate Solutions Caucus

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WASHINGTON, October 23, 2019 – Today, the American Petroleum Institute released the following statement on the announcement of the Congressional Climate Solutions Caucus, co-chaired by U.S. Senators Mike Braun (R-IN) and Chris Coons (D-DE):

“API applauds the formation of the bipartisan Climate Solutions Caucus,” said API spokesman Ben Marter. “The risks of climate change are real and the solutions must be equally real. Our industry is committed to meeting the challenge head-on, investing billions in low- and no-carbon technologies, cleaner fuels, and driving emissions to their lowest level in a generation, all while delivering the energy that American families rely on every day. We look forward to working with the caucus to develop policy solutions that balance environmental protection with economic growth.”

API is the only national trade association representing all facets of the natural gas and oil industry, which supports 10.3 million U.S. jobs and nearly 8 percent of the U.S. economy. API’s more than 600 members include large integrated companies, as well as exploration and production, refining, marketing, pipeline, marine businesses, and service and supply firms. They provide most of the nation’s energy and are backed by a growing grassroots movement of more than 47 million Americans. API was formed in 1919 as a standards-setting organization. In its first 100 years, API has developed more than 700 standards to enhance operational and environmental safety, efficiency and sustainability.