| acte president richard crum speaks on capitol hill |
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| Posted: 24-05-2008 , 07:54 GMT |
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The Association of Corporate Travel Executives (ACTE) president, Richard Crum, spoke on Capitol Hill yesterday in support of Energy Day. Hosted by the Consumer Energy Alliance (CEA), Energy Day gave Representatives and their staffs the opportunity to discuss the development of a U.S. energy policy, energy security and the impact of high energy prices with consumers, businesses, associations, manufacturers, agricultural organizations, transportation and energy providers.
Representatives in attendance at the event included Nick Lampson (D-TX), Heath Shuler (D-NC), Rob Bishop (D-GA), Ted Poe (R-TX) and Steve Pearce(R-NM).
Crum told the audience that the growing price of oil and jet fuel was one of the greatest challenges faced by the travel industry, and predicted that the current energy crises would likely push some of the smaller carriers to shut their doors; six airlines have already done so in the last few months.
"Fuel surcharges have reached $130 a ticket, in some cases, costing more than the base price of the ticket itself," said Crum. "Every time the price of fuel increases the cost of a ticket by a dollar, a percentage of travelers opt not to fly."
Crum added that the trickledown effect was already being felt by hotels, resorts, business destinations, restaurants and rental car firms.
He then outlined three clear steps that ACTE suggests the U.S. government can take to reduce the cost and use of energy:
• Repeal or suspend fuel taxes to ease the impact on all businesses and the people and communities they serve
• Modernize the air traffic control systems and procedures – a potential 20 percent increase in fuel efficiency and 20 percent reduction in travel delays and greenhouse gas emissions for airlines
• Provide economic incentives to businesses to speed the process of building new refineries, power plants, and exploration for new sources of energy
Added Crum, "We need to make significant changes now – changes in how we source and produce energy and changes in how we use it."
Commented Jim May, President, Air Transport Association, "As a country, we need to produce energy of all kinds, conserve more, and invest in research and development as well as new technologies. We need to build a comprehensive energy portfolio."
CEA is a non-profit, non-partisan organization committed to supporting the thoughtful utilization and development of all domestic energy resources to help ensure domestic energy security and reduce prices for consumers.
Participants in CEA Energy Day included ACTE, ATA, American Trucking Association, National Small Business Association, American Petroleum Institute, Nuclear Energy Institute and Green Earth Biofuels, among others.
For more information on ACTE and its Corporate Social Responsibility (CSR) initiatives, please go to www.acte.org.
ABOUT ACTE:
The Association of Corporate Travel Executives (ACTE) represents the global business travel industry through its international advocacy efforts, executive level educational programs, and independent industry research. ACTE's membership consists of senior travel industry executives from 82 countries representing the €200 billion business travel industry. With the support of sponsors from every major segment of the business travel industry, ACTE develops and delivers educational programs in key business centers throughout the world. ACTE has offices in Africa, Asia-Pacific, Canada, Europe, Latin America, Middle East and the United States. For more information on ACTE, please go to www.acte.org.
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© 2008 Al Bawaba (www.albawaba.com) |
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