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PART OF THE SOLUTION USA • THE TERMINAL INDUSTRY IS READY TO WORK WITH THE BIDEN ADMINISTRATION ON SHARED GOALS FOR SUSTAINABILITY AND ECONOMIC GROWTH, SAYS ILTA PRESIDENT KATHRYN CLAY
operations, practicing sound water resource management and establishing productive dialogues with their neighbouring communities.
AS MANY NEW political appointees and elected officials have arrived in Washington, the International Liquid Terminals Association (ILTA) has begun work to educate these new incumbents. Our dialogue with these newly sworn-in officials involves explaining to them both the challenges facing our industry and the opportunities for terminals to be a part of the solution for our shared goals. ILTA member companies are
commitment to its mission and standards remains resolute. Within hours of taking the oath of office, President Biden issued a series of executive orders to reverse many of President Trump’s orders, including a host related to climate, the environment and energy. President Biden also has indicated that his regulatory agencies will prioritise policymaking related to climate change, environmental justice and
ALREADY ON THE CASE The new administration’s priorities are likely to accelerate plans already underway at many terminal companies to address sustainability. In the longer term, we see tremendous growth potential for renewable fuels and chemicals derived from renewable sources – and supply chains for these commodities depend on liquid terminals today. Terminals store and handle crude oil and a wide variety of petrochemicals and fuels, as well as a vast array of other non-energy products like liquid foods, such as vegetable oils and molasses. Other liquid fuels, or liquid energy carriers, may be a part of our energy
committed to providing safe, secure, efficient and environmentally responsible services to energy and fuel supply chains. Terminals connect modes of transport and enable economic growth at home and abroad. While the political landscape has changed at the federal level, the terminal industry’s
encouraging growth in renewable energy. The Democrat-led Congress has echoed his calls, with leaders signalling that they will move quickly to address environmental issues. In the near term, terminal operators are working to support these same goals by improving the energy efficiency of their own
mix in the coming decades. No matter the source or the carbon footprint of a liquid commodity, at some point its supply chain will depend upon the storage and logistics services provided by a liquid terminal. The commitment that ILTA member companies have made to sustainability is
HCB MONTHLY | MARCH 2021
