There’s no doubt that many challenges remain in the global quest to reduce emissions and combat climate change. The American business community is fully committed to doing its part, with billions of dollars in investments and strong company commitments. But that shouldn’t stop us from recognizing
Given widespread inflation across all sectors of the economy, it is probably not a surprise that electricity prices rose in 2021. Our annual Electricity Price Map reflects an overall increase of 5.6%—the largest year-over-year residential electricity rate increase in thirteen years. As always, there
With strong bipartisan support, the U.S. House of Representatives this week approved the Resilient America Act, an important step in addressing climate risks for communities and companies across the country. The Chamber supported the bill with a “Key Vote” letter. The U.S. Chamber of Commerce
With oil and natural gas revenues comprising up to 40% of Russia’s federal budget, it became clear after its invasion of Ukraine that the U.S. and other countries must work to reduce purchases of oil, petroleum products, and natural gas from Russia. President Biden responded appropriately by
The Biden Administration Must Back Domestic Mining to Address Our Growing Need for Critical and Rare Earth Minerals This week, the Senate Energy and Natural Resources Committee will hold a hearing to examine the domestic critical minerals supply chain. The discussion will be timely. The war in
Over the past decade America’s shale energy revolution has provided affordable and reliable energy for consumers and businesses, driven significant economic growth and job creation, and helped strengthen global energy security. In addition, increased production and use of natural gas has resulted in
Yesterday, the Department of Energy released U.S. energy trade data for December 2021, giving us the first look at full year 2021 imports from Russia. With the backdrop of Russia invading Ukraine, DOE’s latest figures highlight the opportunity for domestic energy policies that strengthen U.S. energy
Plastic is ubiquitous in our society. Not a day goes by when we do not use some product and technology that is made with or packaged in plastics. However, too much plastic is ending up in the environment, and that’s of concern to all of us. The business community is leading the way in adopting
"Rather than unlocking more domestic #energy, this bill would effectively impose price controls that would discourage new energy production, resulting in even less supply while demand continues to increase. This will result in rationing and #gas lines." https://t.co/hS0FVQLFHe
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