of Climate Change Legislation Could Impact Glass Manufacturers
June 29, 2009
Last Friday the House of Representatives passed the American Clean
Energy & Security Act by a vote of 219-212. President Obama
called the passage "a bold and necessary step that holds the
promise of creating new industries and millions of new jobs; decreasing
our dangerous dependence on foreign oil; and strictly limiting the
release of pollutants that threaten the health of families and communities
and the planet itself."
However, some in the glass industry have expressed concerns about
the act, as it would require that manufacturers in the glass industry
either absorb the increased cost of carbon emissions (via cap-and-trade)
or the increased cost of having to deal with additional state and
federal regulation. As part of the cap-and-trade system, manufacturers
would be provided an allowance of annual carbon credits. Those manufacturers
who are below their established emissions would be able to sell
or trade carbon allowances to other companies so that those companies
could produce more carbon than the legally established limit. Some
in the industry say these increased costs could significantly impact
the ability of flat glass manufacturers to do business in North
America, as producers in non-regulated countries, such as China
or India, would not be required to meet the regulation.
Some groups, including the Glass Association of North America (GANA),
have been actively involved, speaking out to Congress on behalf
of the industry.
"As climate change legislation moves to the United States
Senate, GANA plans to communicate with Senators regarding the recently
released GANA document outlining the flat glass industry's position
on climate change legislation," Bill Yanek, GANA executive
vice president, told USGNN.com. "With regard to what
passed late Friday, GANA obviously is encouraged about the alternative
energy aspects of the legislation and that energy intensive industries
such as glass are given consideration on the initial distribution
of emissions permits. However, like many in Congress, it will take
us some time to sift through the 1000+ page bill to determine its
full impact on GANA members."
HERE to read a related article.
HERE to read GANA's document, "Climate Change Legislation:
Views From the Flat Glass Industry."
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