Ceres urged the U.S. Environmental Protection Agency recently to protect the Greenhouse Gas Reporting Program, highlighting its importance in providing the data investors and companies need to drive innovation, maintain U.S. economic leadership, and lower costs across the economy.
The Greenhouse Gas Reporting Program (GHGRP) is the only standardized, facility-level greenhouse gas dataset in the U.S. It covers thousands of facilities across all major sectors and provides critical market infrastructure that investors, companies, and policymakers depend on to invest in American infrastructure, manufacturing, and exports.
In a comment submitted to the EPA this week, Ceres Senior Director of Federal Policy Zach Friedman wrote, “For more than fifteen years, the GHGRP has provided the standardized, high-quality dataset that U.S. businesses rely on to increase efficiency, manage supply chains, reduce risks, attract investment, drive innovation and affordability, export to key markets, and compete globally. Scaling back the GHGRP would introduce unnecessary market uncertainty and government inefficiency, disrupt market stability and economic growth, and disadvantage U.S. businesses at home and abroad, delaying investment and passing increased costs on to American consumers and taxpayers.”
Ceres stressed that the program provides the data foundation businesses need to plan, invest, and compete globally, and weakening it would erode market stability and threaten the growth and innovation driving the U.S. economy.
Read the full comment here.
In October, Friedman also testified before the EPA, warning that dismantling the program would cost the U.S. its competitive advantage in 21st century technologies related to carbon capture, utilization, and storage as well as direct air capture—two rapidly expanding parts of global energy infrastructure that boast near unanimous bipartisan congressional support.