Dow Releases Energy Plan | November 17, 2008 Issue - Vol. 86 Issue 46 | Chemical & Engineering News
Volume 86 Issue 46 | p. 26 | Concentrates
Issue Date: November 17, 2008

Dow Releases Energy Plan

Department: Business

Dow Chemical is calling for a comprehensive national energy policy that is "bolder and bipartisan." In a 22-page document, "Energy Plan for America," the company asserts that the lack of a national policy has prevented the U.S. from responding adequately to the global economic crisis and has cost the country 3 million manufacturing jobs. The multipronged plan includes improving the energy efficiency of all homes and buildings by 30% over 10 years. Dow calls for environmentally friendly oil and gas drilling on the outer continental shelf and investments in clean-coal technology for fuel and feedstock production. The company advises the U.S. government to extend renewable energy tax credits to spur long-term investment. To protect the atmosphere, Dow supports an economy-wide carbon emissions cap-and-trade program. Dow CEO Andrew N. Liveris has taken a vocal role in calling for national investment in the manufacturing sector. At a speech at the Detroit Economic Club in September, Liveris urged, "We must look with fresh eyes at the structural costs that have weakened the very foundation of our manufacturing enterprises.

Chemical & Engineering News
ISSN 0009-2347
Copyright © American Chemical Society

Leave A Comment

*Required to comment