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Environment committee  Sure. Energy costs are very important to the cement sector. In fact, 40% of the plant operating costs are energy costs split fifty-fifty between electricity and fuel. One of the things we'd like to bring to your attention is that in all the discussion of the U.S. bills, especially the Waxman-Markey American Clean Energy and Security Act, there are provisions in there to take into account the indirect costs on manufacturers, on steel, cement, and others, that will arise due to what are anticipated to be significantly increased costs of electricity.

December 1st, 2009Committee meeting

Bob Masterson