WASHINGTON – Following President-Elect Joe Biden’s intent to nominate senior officials throughout his Administration to implement the incoming Administration’s climate agenda, AXPC CEO Anne Bradbury released the following statement about the upstream onshore oil and gas industry’s role in our country’s environmental leadership around the world:
“AXPC and our member companies want to congratulate the incoming Biden Administration’s climate team, including former EPA Administrator Gina McCarthy, former Michigan Governor Jennifer Granholm, Rep. Deb Haaland, Secretary Michael Regan, Brenda Mallory, and Ali Zaidi for their historic appointments.
“Ensuring Americans have access to affordable, reliable, and clean energy is a nonpartisan issue. Our products touch the lives of every American, and our industry has made America a leader in the global challenge of addressing climate change, while also giving our country the energy security needed to support our economic, national security and foreign policy goals.
“While we understand that many of the Biden Administration appointees might believe that our country should transition away from fossil fuels, even under the International Energy Agency’s Sustainable Development Scenario, which assumes every country meets their Paris commitments, the world will still get almost 50 percent of our energy from oil and gas in 2050. If the world is going to address global climate change, the American oil and gas industry must be at the table.
“We are partners in environmental progress, as much of the technological innovation required to deliver future economic growth and a cleaner environment will come from our industry, with its ability to deliver solutions to both meet energy demand and reduce emissions.
“We look forward to coming together and partnering with the Biden Administration to develop and further practical, thoughtful and focused solutions to our country – and the world’s – complex challenges.”
Technological advancements like hydraulic fracturing and horizontal drilling further environmental progress. Hydraulic fracturing is responsible for some of the cleanest energy in the world – the technology has allowed us to increase energy production, while also reducing emissions.
- Since 2010, the U.S. shale revolution saw natural gas production nearly double, while U.S. total energy-related CO2 emissions declined significantly.
- In 2019, as a result of fracking and increased natural gas production, the U.S. reduced CO2 emissions by 140 million tonnes, the largest reduction of any country according to the International Energy Agency.
- Because of fracking U.S. emissions reductions have outpaced the rest of the world. According to the EPA, from 2005 to 2018, total U.S. energy-related CO2 emissions fell by 12 percent, while global energy-related emissions increased nearly 24 percent during this period.
- Methane emissions from oil and natural gas systems are down 23 percent since 1990, according to the 2020 edition of EPA’s Inventory of U.S. Greenhouse Gas Emissions and Sinks.
About the American Exploration and Production Council:
AXPC is a national trade association representing the largest independent oil and natural gas exploration and production companies in the United States. We lead the world in the cleanest and safest onshore production of oil and gas, while supporting millions of Americans in high-paying jobs and investing a wealth of resources in our communities. Learn more at https://www.axpc.org/