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Natural Gas Key to US Energy Security, Jimmy Carter Tells Platts Energy Week - Former president and father of US Department of Energy on energy policy (NYSE: MHP) – then and now - Platts.com
Natural Gas Key to US Energy Security, Jimmy Carter Tells Platts Energy Week

 

PRZOOM - /newswire/ - Washington, DC, United States, 2011/09/19 - Former president and father of US Department of Energy on energy policy (NYSE: MHP) – then and now - Platts.com. NYSE: MHP; NYSE: MHFI

   
 
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The United States likely will not generate a large portion of its power from green energy any time soon, but the nation's abundant natural gas reserves could provide a new path toward achieving energy security, former President Jimmy Carter said in a wide-ranging interview Sunday on Platts Energy Week, the independent, all-energy television news and talk program airing Sundays in the United States.

In an interview from The Carter Presidential Center in Atlanta, Carter reflected on his energy legacy, which includes the creation of the Department of Energy in 1977, a strong push for energy conservation and renewable energy, as well as spiraling oil prices.

Although Carter once pledged the nation would generate 20% of its electricity from renewable power sources, such as solar and wind, he said at current rates "it'll be a long time," before the US reaches that goal. He blamed subsequent presidents for failing to continue the policies he set in motion.

"All of the presidents since then, Democratic and Republican, have basically been overly complacent," both about the nation's energy security and reliance on fossil fuels, Carter said.

But Carter said the recent discovery of massive natural gas reserves was a positive development, and one that would lessen the need for foreign energy imports.

"If you substitute for some of the dreams I had on solar energy the newly realized supply of natural gas then we can reach that goal in a different way," Carter said.

Asked about current energy policy, Carter gave President Barack Obama credit for pursing energy efficiency standards and new fuel-efficiency rules for cars. But he also said Obama was guilty of abandoning efforts to control emissions of greenhouse gases.

"I think under President Clinton we were making good progress toward being the leader in trying to bring about change following the [Kyoto] agreement and George H.W. Bush tried to do the same thing," Carter said. "But under President George W. Bush it was basically abandoned and there's no leadership being shown from Washington in trying to rejuvenate the commitment that was previously made."

Asked if Obama bore responsibility for that leadership void, Carter said: "The president, he's the spokesman for our country, so yes."

Carter also admitted that he would have made different decisions himself if he had been more aware of the dangers of climate change. He would have been less zealous, for example, about promoting US coal.

"If I had known I doubt I would have," Carter said. "It's only been since then, over the last 25 years or more, that it has been proven that the early indications were indeed an underestimation of the deleterious effect of human beings burning too much coal and other fuels to adversely impact the environment of the whole world."

Reflecting on the differences between the energy landscape in his presidency compared to today, Carter said the U.S. appears to be less vulnerable to the sort of oil supply shock that shook the nation in 1979. In addition to domestic supplies of natural gas and oil, neighbors such as Canada, Mexico and Venezuela offer huge oil resources, he said.

"I'm confident that the United States can weather any foreseeable threat to having an adequate supply of energy in the future," Carter said.

In the long term, Carter said, the US will inevitably move toward to a cleaner energy future, with less dependence on foreign imports.

"If the Americans don't get the message from ordinary intelligence and study and political leadership, they will have to get the message from crises that will arise in the future that threaten the well-being of our country," Carter said.

Platts Energy Week airs weekly at 8 am. Eastern time on Sunday mornings on W*USA TV 9 in greater Washington, D.C. The program is also available online beginning 9:00 am. ET on Sundays. In greater Houston, CBS affiliate KHOU airs the program on Sundays at 6:30 am. Central time on channel 11.1 (available on Comcast on channel 611).

The program follows an interview format featuring guests from the energy industry Obama administration, Congress, government agencies, think tanks, and the investment community. Host Bill Loveless is the long-time editor of Platts’ Inside Energy and brings nearly three decades of energy journalism experience to the anchor chair.

Platts Energy Week is produced by Platts, the world’s leading source of information and intelligence on energy and related commodities and a division of (NYSE: GCI). While the program is U.S. focused and produced in Washington, it reflects the global vantage point of Platts, whose correspondents are stationed in such major capitals as London, Dubai, Singapore, Tokyo and Moscow.

Guest booking for Platts Energy Week and related inquiries should be addressed to this email box: plattsenergyweektv[.]platts.com. Additional information about Platts and the energy sector can be found at the Platts website. For more on W*USA 9 News Now, visit wusa9.com/.

About Platts
Founded in 1909, Platts is a leading global provider of energy, petrochemicals and metals information and a premier source of benchmark prices for those markets. Platts' news, pricing, analytics, commentary and conferences help customers make better-informed trading and business decisions and help the markets operate with greater transparency and efficiency. Customers in 150 countries benefit from Platts’ coverage of the oil, petrochemicals, natural gas, electricity, coal, nuclear power, shipping, and metals markets. A division of The McGraw-Hill Companies, Platts has approximately 700 employees in more than a dozen cities worldwide, including London, Dubai, Singapore, New York and Houston.

About The McGraw-Hill Companies
Founded in 1888, The McGraw-Hill Companies (mcgraw-hill.com) is a leading global information services provider meeting worldwide needs in the financial services, education and business information markets through leading brands such as Standard & Poor's, McGraw-Hill Education, Platts, Capital IQ, J.D. Power and Associates, McGraw-Hill Construction and Aviation Week. The Corporation has more than 280 offices in 40 countries.Sales in 2010 were $6.2 billion.

About W*USA
W*USA is owned by the Gannett Company, Inc. (NYSE: GCI). Gannett is an international news and information company operating on multiple platforms including the Internet, mobile, newspapers, magazines and TV stations. Gannett is an Internet leader with hundreds of newspaper and TV Websites; CareerBuilder.com, the nation’s top employment site; USATODAY.com; and more than 80 local MomsLikeMe.com sites. Gannett publishes 84 daily US newspapers, including USA TODAY, the nation’s largest-selling daily newspaper, and more than 700 magazines and other non-dailies including USA WEEKEND. Gannett also operates 23 television stations in 19 US markets. Gannett subsidiary Newsquest is the United Kingdom’s second largest regional newspaper company with 17 daily paid-for titles, more than 200 weekly newspapers, magazines and trade publications, and a network of Websites. Gannett TV stations are: WATL-TV, Atlanta, WXIA-TV, Atlanta, WLBZ-TV, Bangor, Maine, WGRZ-TV, Buffalo, N.Y.WKYC-TV, Cleveland, Ohio, WLTX-TV, Columbia, S.C., KTVD-TV, Denver, Colo. KUSA-TV, Denver, Colo. KNAZ-TV, Flagstaff, Ariz. WZZM-TV, Grand Rapids-Kalamazoo-Battle Creek, Mich., WFMY-TV, Greensboro, N.C., WTLV-TV, Jacksonville, Fla., WJXX-TV, Jacksonville, Fla., WBIR-TV, Knoxville, Tenn., KTHV-TV, Little Rock, Ark., WMAZ-TV, Macon, Ga., KARE-TV, Minneapolis-St. Paul, KPNX-TV, Phoenix, Ariz., WCSH-TV, Portland, Maine, KXTV-TV, Sacramento, Calif., KSDK-TV, St. Louis, Mo., WTSP-TV, Tampa-St. Petersburg, Fla. WUSA-TV, Washington, D.C.

Media Contact:
Steve Houk, Director of Marketing and Promotion W*USA
P: 202-895-5970 / E: shouk[.]wusa9.com.

 
 
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Natural Gas Key to US Energy Security, Jimmy Carter Tells Platts Energy Week

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