The Petroleum Marketers Association of America (PMAA) has declared a “new era” for is members and the fuels industry and has renamed itself the Energy Marketers of America (EMA).
The name change reflects the industry’s growing portfolio of liquid fuels and other alternative energy sources such as renewable diesel and biodiesel that have “played a critical role in lowering emissions over the past half century,” said Alexandria, Va.-based group, a federation of state and regional trade associations that collectively represent about 8,000 independent petroleum marketers. “Through innovation and technological advancement, they will continue to reduce emissions further in the coming decades.”
“Liquid fuels are and will continue to be a crucial driver of economic growth in this county and a catalyst for affordable transportation,” EMA President Rob Underwood said. “EMA spans 47 states; our members own and operate 60,000 fuel stations across the country, and they supply heating fuel to more than 5 million American homes and businesses. The small businesses they represent provide thousands of jobs and help Americans get where they need to go as well as keep them warm during the winter.”
The association said that “addressing improvements in fuel efficiency and the carbon value of the fuel will yield significant gains for the environment. Policies and funding to reduce carbon emissions should be spread over all carbon sources and be applied to all fuels and energy sources equally. Research and funding for reductions in carbon emissions associated with liquid fuels should be treated with the same urgency as afforded to electrification, particularly since about 98% of vehicles sold in 2019 still rely on liquid fuels.”
“Lawmakers should consider a technology-neutral approach when it comes to promoting policies that reduce emissions,” Underwood said. “The most cost-effective way to reduce emissions from transportation is to support technologies that do so for the vast majority of vehicles on the road.”
Alexandria, Va.-based EMA is a federation of state and regional trade associations that collectively represent about 8,000 independent petroleum marketers.