Dow's Energy Plan Outlines a Comprehensive, Bipartisan Approach to Policy Reform
MIDLAND, Mich., Nov. 13 /PRNewswire-FirstCall/ -- The Dow Chemical Company
(NYSE: DOW) today called for a bolder, comprehensive, bipartisan national
energy policy that will help stabilize prices, strengthen the economy,
increase security, clean the environment and revitalize U.S. manufacturing
with the release of Dow's Energy Plan for America.
"The new Administration and Congress will need to implement a plan that
includes all possible options to meet the energy challenges facing the United
States," said Andrew Liveris, Dow chairman and CEO. "Greater energy efficiency
coupled with an acceleration of alternative sources of energy, including
renewables, clean coal and nuclear with increased domestic,
environmentally-friendly production of oil and natural gas, should be the
major touchstones of any comprehensive strategy."
Dow's Energy Plan for America advocates the following actions:
-- Encourage aggressive energy efficiency and conservation
-- Increase and diversify domestic energy supplies
-- Accelerate development of alternative and renewable energy
-- Reduce greenhouse gas emissions
"The U.S. is on a course to spend more than $500 billion per year to
import oil -- nearly the amount authorized one time for the financial rescue
package recently passed by Congress," said Liveris. "At Dow, we believe a new
comprehensive energy policy is critical to the overall economic health of the
nation."
For more details on Dow's Energy Plan for America, visit www.dow.com .
About Dow
With annual sales of $54 billion and 46,000 employees worldwide, Dow is a
diversified chemical company that combines the power of science and technology
with the "Human Element" to constantly improve what is essential to human
progress. The Company delivers a broad range of products and services to
customers in around 160 countries, connecting chemistry and innovation with
the principles of sustainability to help provide everything from fresh water,
food and pharmaceuticals to paints, packaging and personal care products.
References to "Dow" or the "Company" mean The Dow Chemical Company and its
consolidated subsidiaries unless otherwise expressly noted. More information
about Dow can be found at www.dow.com .
