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National Grid Endorses President Obama’s Call for Initiatives to Reduce Greenhouse Gas Emissions

  National Grid Endorses President Obama’s Call for Initiatives to Reduce
  Greenhouse Gas Emissions

Business Wire

WALTHAM, Mass. -- June 25, 2013

National Grid president Tom King commended President Barack Obama for his
announcement today on common-sense energy initiatives, including his call for
EPA to proceed in reducing greenhouse gas emissions from new and existing
power plants.

King and U.S. Senator Mark Warner co-chair the Alliance Commission on National
Energy Efficiency Policy. In February, the Commission released its Energy 2030
report, which found that the United States can double its energy productivity,
create over a million jobs, and achieve a one-third reduction in carbon
dioxide emissions by 2030 by investing in and modernizing the nation’s energy
infrastructure and educating citizens and business leaders to use energy more
wisely.

According to King, the President’s announcement today is an important
milestone on that journey.

“National Grid has long supported federal legislation as a comprehensive means
to reduce greenhouse gas emissions. However, in the absence of federal
legislation, we support EPA moving forward with greenhouse gas regulations
under the Clean Air Act,” King commented. “National Grid looks forward to
working constructively with the Administration, EPA, members of the energy
industry, and other stakeholders to ensure the regulations reduce greenhouse
gas emissions from the energy sector and advance America’s efficient and clean
energy future.”

About National Grid

National Grid (LSE: NG; NYSE:NGG) is a leading electricity and gas company
that connects consumers to energy sources through its networks. The company is
at the heart of one of the greatest challenges facing our society -- to create
new, sustainable energy solutions for the future and developing an energy
system that underpins economic prosperity in the 21st century.

In the northeast US, we connect more than seven million natural gas and
electric customers to vital energy sources, essential for our modern
lifestyles. National Grid delivers electricity to more than 3 million
customers in Massachusetts, New York and Rhode Island and is the largest
distributor of natural gas in northeast U.S., serving more than 3 million
customers in New England and New York. It manages the electricity network on
Long Island under an agreement with the Long Island Power Authority (LIPA),
and owns over 4,000 megawatts of contracted electricity generation, providing
power to over one million LIPA customers.

In Great Britain, National Grid runs the natural gas and electricity systems
upon which society is built, delivering energy across the country.

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Contact:

National Grid
Jackie Barry, 781-907-3980
 
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