The Chamber supports the development and expansion of American energy resources to improve energy security and create jobs in the United States. Reliable and affordable energy is essential to running a business and fueling economic growth and competitiveness. We support investments that will allow Kentucky to maintain its role as an energy leader and create further export opportunities for our coal and natural gas industries. The U.S. is on track to become a net energy exporter, an accomplishment that would place the U.S. at an economic advantage while enhancing our security.
The Chamber has opposed federal regulations that threaten the Commonwealth’s low-cost energy advantage and our ability to expand business. Specifically, certain rules aimed at reducing greenhouse gas emissions threaten Kentucky’s electric power fleet and deter the extraction of viable natural gas reserves. These rules could limit the economic viability of power plants and wells, thereby limiting supplies of fossil fuels and forcing the state to rely on more costly alternatives.
The Chamber supports the development of regulations that are stakeholder driven and based on scientific evidence, technical viability, and economic rationality.
The Kentucky Chamber fully supports the application of cooperative federalism principles with respect to the appropriate utilization and recognition of state and local primacy rights when implementing energy and environmental programs.