AFS/CMI NEWS AFS Corporate Members Participate in U.S. Department of Energy Initiative
AFS Corporate Members Neenah Foundry, Neenah, Wis., and ThyssenK- rupp Waupaca, Waupaca, Wis., recently joined Cathy Zoi, U.S. Department of Energy (DOE) assistant secretary for en- ergy efficiency and renewable energy, at the Capitol Visitor Center in Washington, D.C., to mark the launch of the industrial technologies Save Energy Now initiative. At the event, 32 Leader companies signed a voluntary pledge to reduce
their industrial energy intensity by 25% over the next 10 years. The companies were recognized by being the first to partner with DOE in the new initiative and committing to aggressive energy intensity reduction goals and a clean energy future.
MC
For more infomation on the event or how to participate in this initiative,contact Tom Prucha, AFS vice president of technology, at 800/537-4237 x264 or
tprucha@afsinc.org.
cently hosted a meeting focusing on cap and trade legislation and natural gas risks in metalcasting facilities. Featured speakers at the event, held
Jan. 12 at the Green Mill, Shoreview, Minn., included Doug Allen and Beau Griffey from U.S. Energy Services, who gave a presentation titled “Natural Gas, Power, and Carbon Management.” Allen covered ways to manage met-
alcasters’ natural gas risk. “To manage your natural gas risk, you first need to understand your risk, define your benchmark of success, have a plan and don’t drive with the rearview mirror,” he said. “Ways to manage risk are to do nothing, buy forward fixed price, use price ceilings and floors, or use a combination of them.” Griffey offered a practical discussion of the impacts of cap and trade legislation
AFS corporate members Neenah Foundry and ThyssenKrupp Waupaca are working with U.S. DOE to reduce their industrial energy intensity by 25% over the next 10 years.
Twin Cities Chapter Meeting: Plan for Cap and Trade, Natural Gas Risks The AFS Twin Cities Chapter re-
and simplified some of the terminology. “The fundamental difference between allowances and offsets are that allow- ances allow the holder the right to emit; offsets [outside the cap] effectively reduce emissions,” he said. Griffey also covered the effects of the 2007 Supreme Court ruling in Massachusetts vs. Environmental Protection Agency (EPA) and the Final Endangerment Ruling, where the EPA established regulatory authority to act. MC
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MODERN CASTING / February 2010
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