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New York Policy and Business Leaders Host Forum on How Shale Gas Can Transform State’s Manufacturing Sector, Economy


Contact: Warren Robinson (202) 306-3623  
Email: Warren_Robinson@americanchemistry.com

Policy Forum Also Highlights How Chemistry Innovations Make
Energy Efficiency and Energy Recovery Innovations Possible

 Roger Bernstein speaks to policymakers
 and industry leaders
.

Albany, NY (May 21, 2013) – The American Chemistry Council (ACC), the New York State Chemical Alliance and The Business Council of New York State, today hosted a policy forum, “Transforming New York’s Energy Future: Policy, Innovation and Economic Growth,” where more than a dozen state policymakers and industry leaders discussed how tapping into New York’s abundant, affordable natural gas supplies can establish the Empire State as a leader in the new energy economy and reinvigorate the state’s manufacturing industry. Policy leaders also focused on innovations in energy efficiency and energy recovery that are stretching the state’s energy supplies.

“New York’s supply of natural gas from shale has the potential to create tens of thousands of high-paying manufacturing jobs, provide a competitive advantage for industry, and generate much needed tax revenues for New York State,” said Roger Bernstein, Vice President of State Affairs for ACC. “New York is well-positioned to leverage supplies of natural gas from the Marcellus Shale to revive the Empire State’s manufacturing sector, which lost almost 40 percent of its manufacturing jobs from 2000 to 2010.”

There is no doubt the production of natural gas from shale would create manufacturing jobs and generate revenue for upstate cities and towns that need an economic boost. According to a Manhattan Institute study, allowing hydraulic fracturing in the Empire State would galvanize economic growth by adding $8 billion of income to upstate New Yorkers. The income of New Yorkers in the 28 counties above the Marcellus Shale would jump 15 percent, the study said. In next-door Pennsylvania, the study found that those Keystone State counties with more than 200 wells added jobs at a seven percent annual rate, whereas areas with no drilling or just a few wells saw a three percent drop in jobs.

“The chemical industry is a leader in the renaissance of U.S. manufacturing. In decline as recently as five years ago, in large part due to the rising natural gas costs, the chemical industry has rebounded with the nation’s shale gas revolution. Shale gas has boosted the industry’s profitability and enabled it to regain its position as the world leader,” said Heather Briccetti, President and CEO of The Business Council. “New York is properly located for growth in its chemical industry, a sector that provides significant employment and the opportunity for additional innovation in energy efficiency and energy recovery.”

 
 Left to Right: EJ McMahon, Assemblywoman Jane
 Corwin, Assemblyman Cliff Crouch, Assemblyman
 Chris Friend, Dennis Harkawik, Karen Moreau.

Panelists at the event also explored New York’s current political climate and policies that would catalyze the state’s leadership in the new energy economy. Executives from New York companies showcased the advances and innovations that make energy efficiency and alternative energy solutions possible, such as turning nonrecylced waste into a valuable energy resource.

“It’s exciting to see innovations by New York’s chemical manufacturers  helping to improve energy efficiency and enabling a new generation of alternative energy sources. Energy recovery and renewable energy solutions, like solar and wind, are made possible by chemistry and are transforming the way we generate and store energy in New York,” Bernstein said.

Featured speakers included ACC’s Roger D. Bernstein, Vice President, State Affairs; Heather Briccetti, Esq., President and CEO of The Business Council of New York State, Inc.; and New York State Assembly members Jane L. Corwin (NY-144), Clifford W. Crouch (NY-122) and Christopher S. Friend (NY-124).

Expert panels featured Edmund J. (E.J.) McMahon, Senior Fellow at the Manhattan Institute for Policy Research and its Empire Center for New York State Policy; John Puc, Director of Energy Efficiency Strategies for Northeast Energy Efficiency Partnerships; Darren Suarez, Director of Government Affairs, The Business Council of New York State, Inc.; executives from New York companies like BASF, JBI, Inc., Praxair, Inc., SABIC, and Waste Management, Inc.; and academics.

Today’s event in Albany is part of ACC’s national energy advocacy and awareness campaign, From Chemistry to Energy. The campaign advocates for a comprehensive national energy strategy that maximizes all domestic energy resources, with a focus on robust and responsible production of domestic shale gas; improved residential, commercial and industrial energy efficiency; and expanded adoption of energy recovery programs. Each will help meet national energy security, economic and environmental goals while also creating value for the business of chemistry and creating energy solutions for a strong, secure, and sustainable future.

For more information about the From Chemistry to Energy campaign, please visit ChemistryToEnergy.com. Also, join the conversation on Twitter using #Chemistry2Energy and follow campaign updates at @AmChemistry and blog.americanchemistry.com.

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