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ConocoPhillips CEO: The U.S. needs carbon regulations
The CEO of ConocoPhillips, Jim Mulva, on Tuesday made a pitch for regulations to restrict carbon emissions. His comments came at CERAWeek, a confab of the energy industry's giants.
In his speech, Mulva argued that the incumbent energy companies need to be involved in the creation of rules that favor low-carbon technologies.
Like its competitors BP and Royal Dutch Shell, ConocoPhillips is developing some alternative-fuel technologies such as synthetic natural gas made from coal, which Mulva said is cleaner.
He said right now the U.S. is lagging other countries in establishing regulatory frameworks, a dynamic that "risks … Read more
