gas industry

A top natural gas industry official said Thursday that major new federal climate policy isn’t needed to continue to fuel’s market expansion – and might be even be harmful.

“I don’t see a need for separate climate policy to continue the move we have already seen,” said Marty Durbin, the new CEO of America’s Natural Gas Alliance, a trade group that represents large independent gas producers.

Booming U.S. gas production has lowered prices and helped the fuel gain market share in the utility sector at the expense of coal, which emits much more carbon dioxide than gas when burned. The trend helped to reduce U.S. carbon dioxide emissions last year to their lowest level in almost two decades.