Coal is just the first step in the Obama administration’s plan to tackle global warming, according to an industry group.
“Even though right now [Obama] says the EPA should focus on the utility industry, we all know that other segments, including the refining industry, are well in the cue,” said Charles Drevna, president of the American Fuel and Petrochemical Manufacturers, which represents with refining industry.
The president’s plan to address global warming largely relies on executive actions to reduce U.S. carbon emissions, including setting emissions limits for new and existing power plants that would effectively ban the construction of new coal-fired power plants.
“The idea is to pick winners and losers… among domestic energy producers, but ultimately what will happen is he will pick winners and losers among nations,” Drevna told reporters in a press call on Tuesday. “And unfortunately, the United States will be in the losing category.”
The refining industry joins a growing number of industries that are fighting back against the president’s proposed plan to fight global warming.