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AF&PA's Moore applauds energy, postal bills.(LEGISLATION)

Official Board Markets, August, 2005

W. Henson Moore, president and ceo of the American Forest & Paper Association (AF&PA) and former deputy secretary of the U.S. Department of Energy, praised Congress for its passage of the Energy Policy Act of 2005 and the House of Representatives for passing the Postal Accountability and Enhancement Act of 2005.

"Energy is a significant manufacturing cost for the forest products industry--sometimes as much as 22 percent," Moore says. "Energy costs can be the deciding factor as to whether or not a company is going to remain competitive and in business or not. Our country's energy policies have not kept up with developments in science and technology and with the new world Americans find themselves living in. Soaring energy prices have put our industry at a...

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