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Time for an update to energy policy, says BPC

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Hydrocarbon Engineering,

The bipartisan energy bill passed out of the Senate Energy and Natural Resources Committee on 30 July 2015 strengthens the US economy, national security and environmental quality by responding to major changes in the nation's energy landscape, according to Bipartisan Policy Center (BPC) President Jason Grumet.

"This bill increases energy efficiency, ensures timely decisions on LNG exports, accelerates technology innovation, enhances collaboration with Mexico and Canada, and promotes grid modernisation,” said Grumet. "Since the 2005 EPACT energy bill, breakthroughs in energy production and efficiency have propelled our nation from an era of scarcity to one of abundance. This legislation is a critical first step in seizing the promise of these achievements. Its adoption will benefit our economy, security and environment.”

"Moreover, this effort represents a breakthrough in the partisan stalemate that has frustrated energy legislative efforts in recent years,” Grumet continued. “Consistent with the recommendations of BPC's Commission on Political Reform, Sens. Lisa Murkowski (R-AK) and Maria Cantwell (D-WA) have lead a dynamic, substantive and inclusive committee process affording all members an opportunity to submit legislative proposals and amendments. While this bill does not tackle a number of important and divisive issues, its passage will strengthen our nation and enhance Congress' ability to take on the tough challenges and bold opportunities that lie ahead."

Adapted from press release by Rosalie Starling

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