Natural Gas Key to U.S. Energy Security, Jimmy Carter Tells Platts Energy Week

WASHINGTON, Sept. 19, 2011 /PRNewswire/ -- Platts -- The United States likely will not generate a large portion of its power from green energy any time soon, but the nation's abundant natural gas reserves could provide a new path toward achieving energy security, former President Jimmy Carter said in a wide-ranging interview Sunday on Platts Energy Week  (http://www.plattsenergyweektv.com/), the independent, all-energy television news and talk program airing Sundays in the United States.

In an interview from The Carter Presidential Center in Atlanta, Carter reflected on his energy legacy, which includes the creation of the Department of Energy in 1977, a strong push for energy conservation and renewable energy, as well as spiraling oil prices.

Although Carter once pledged the nation would generate 20% of its electricity from renewable power sources, such as solar and wind, he said at current rates "it'll be a long time," before the U.S. reaches that goal. He blamed subsequent presidents for failing to continue the policies he set in motion.

"All of the presidents since then, Democratic and Republican, have basically been overly complacent," both about the nation's energy security and reliance on fossil fuels, Carter said.

But Carter said the recent discovery of massive natural gas reserves was a positive development, and one that would lessen the need for foreign energy imports.

"If you substitute for some of the dreams I had on solar energy the newly realized supply of natural gas then we can reach that goal in a different way," Carter said.

Asked about current energy policy, Carter gave President Barack Obama credit for pursuing energy efficiency standards and new fuel-efficiency rules for cars. But he also said Obama was guilty of abandoning efforts to control emissions of greenhouse gases.

"I think under President Clinton we were making good progress toward being the leader in trying to bring about change following the [Kyoto] agreement and George H.W. Bush tried to do the same thing," Carter said. "But under President George W. Bush it was basically abandoned and there's no leadership being shown from Washington in trying to rejuvenate the commitment that was previously made."

Asked if Obama bore responsibility for that leadership void, Carter said: "The President, he's the spokesman for our country, so yes."

Carter also admitted that he would have made different decisions himself if he had been more aware of the dangers of climate change. He would have been less zealous, for example, about promoting U.S. coal.

"If I had known I doubt I would have," Carter said. "It's only been since then, over the last 25 years or more, that it has been proven that the early indications were indeed an underestimation of the deleterious effect of human beings burning too much coal and other fuels to adversely impact the environment of the whole world."

Reflecting on the differences between the energy landscape in his presidency compared to today, Carter said the U.S. appears to be less vulnerable to the sort of oil supply shock that shook the nation in 1979. In addition to domestic supplies of natural gas and oil, neighbors such as Canada, Mexico and Venezuela offer huge oil resources, he said.

"I'm confident that the United States can weather any foreseeable threat to having an adequate supply of energy in the future," Carter said.

In the long term, Carter said, the U.S. will inevitably move toward to a cleaner energy future, with less dependence on foreign imports.

"If the Americans don't get the message from ordinary intelligence and study and political leadership, they will have to get the message from crises that will arise in the future that threaten the well-being of our country," Carter said.

Platts Energy Week airs weekly at 8 a.m. Eastern time on Sunday mornings on W*USA TV 9 in greater Washington, D.C. The program is also available online beginning 9:00 a.m. ET on Sundays at http://www.plattsenergyweektv.com. In greater Houston, CBS affiliate KHOU airs the program on Sundays at 6:30 a.m. Central time on channel 11.1 (available on Comcast on channel 611) and on Mondays at 7:30 p.m. via channel 11.2 (Comcast channel 310). KHOU programming is also available via channel 11 on DIRECTV and DISH Network.

The program follows an interview format featuring guests from the energy industry, Obama administration, Congress, government agencies, think tanks, and the investment community. Host Bill Loveless is the long-time editor of Platts' Inside Energy and brings nearly three decades of energy journalism experience to the anchor chair.

Platts Energy Week is produced by Platts, the world's leading source of information and intelligence on energy and related commodities and a division of The McGraw-Hill Companies (NYSE: MHP), and W*USA-TV, the Washington, D.C., CBS affiliate and flagship television station of Gannett Company. (NYSE: GCI). While the program is U.S. focused and produced in Washington, it reflects the global vantage point of Platts, whose correspondents are stationed in such major capitals as London, Dubai, Singapore, Tokyo and Moscow.

Guest booking for Platts Energy Week and related inquiries should be addressed to this email box: [email protected].  Additional information about Platts and the energy sector can be found at the Platts website at www.platts.com.  For more on W*USA 9 News Now, visit the W*USA website at www.wusa9.com.

About Platts: Founded in 1909, Platts is a leading global provider of energy, petrochemicals and metals information and a premier source of benchmark prices for the physical and futures markets.  Platts' news, pricing, analytics, commentary and conferences help customers make better-informed trading and business decisions and help the markets operate with greater transparency and efficiency.  Customers in more than 150 countries benefit from Platts' coverage of the carbon emissions, coal, electricity, oil, natural gas, metals, nuclear power, petrochemical, and shipping markets.  A division of The McGraw-Hill Companies (NYSE: MHP), Platts is headquartered in New York with more than 900 employees in more than 15 offices worldwide. Additional information is available at http://www.platts.com.

About The McGraw-Hill Companies: Founded in 1888, The McGraw-Hill Companies is a leading global financial information and education company that helps professionals and students succeed in the Knowledge Economy.  With leading brands including Standard & Poor's, McGraw-Hill Education, Platts energy information services and J.D. Power and Associates, the Corporation has approximately 21,000 employees with more than 280 offices in 40 countries.  Sales in 2010 were $6.2 billion.  Additional information is available at http://www.mcgraw-hill.com.

About W*USA: W*USA is owned by the Gannett Company Inc. (NYSE: GCI).  Gannett is an international news and information company operating on multiple platforms including the Internet, mobile, newspapers, magazines and TV stations. Gannett is an Internet leader with hundreds of newspaper and TV Web sites; CareerBuilder.com, the nation's top employment site; USATODAY.com; and more than 80 local MomsLikeMe.com sites. Gannett publishes 84 daily U.S. newspapers, including USA TODAY, the nation's largest-selling daily newspaper, and more than 700 magazines and other non-dailies including USA WEEKEND. Gannett also operates 23 television stations in 19 U.S. markets. Gannett subsidiary Newsquest is the United Kingdom's second largest regional newspaper company with 17 daily paid-for titles, more than 200 weekly newspapers, magazines and trade publications, and a network of Web sites. Gannett TV stations are: WATL-TV, Atlanta, WXIA-TV, Atlanta, WLBZ-TV, Bangor, Maine, WGRZ-TV, Buffalo, N.Y.WKYC-TV, Cleveland, Ohio, WLTX-TV, Columbia, S.C., KTVD-TV, Denver, Colo. KUSA-TV, Denver, Colo. KNAZ-TV, Flagstaff, Ariz. WZZM-TV, Grand Rapids-Kalamazoo-Battle Creek, Mich., WFMY-TV, Greensboro, N.C., WTLV-TV, Jacksonville, Fla., WJXX-TV, Jacksonville, Fla., WBIR-TV, Knoxville, Tenn., KTHV-TV, Little Rock, Ark., WMAZ-TV, Macon, Ga., KARE-TV, Minneapolis-St. Paul, KPNX-TV, Phoenix, Ariz., WCSH-TV, Portland, Maine, KXTV-TV, Sacramento, Calif., KSDK-TV, St. Louis, Mo., WTSP-TV, Tampa-St. Petersburg, Fla. WUSA-TV, Washington, D.C.

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