Home > Media > Press Releases
Print Print

Media

 

FOR IMMEDIATE RELEASE
April 15, 2013

Contact: Laura Tierney
Email: [email protected]
Office: 202.785.0507
 

As Congress Considers Tax Reform Business Emphasizes Benefits of Clean Energy Measures

Washington, DC -- The Business Council for Sustainable Energy (BCSE) – a coalition representing the energy efficiency, renewable energy and natural gas industries – is urging Congress to continue its long-standing support for a broad array of clean energy tax incentives as it considers comprehensive tax reform.  The Council’s comments, submitted to the House Ways And Means Committee’s Energy Working Group on April 15, highlight how existing clean energy tax measures are spurring the investment and job creation that is necessary to revitalize the U.S. economy.  

“Clean energy provisions fulfill critical tax policy objectives and should be continued and enhanced,” said Lisa Jacobson, BCSE President.  “In assessing tax policy, BCSE considers two primary objectives.  First, it should support and expand U.S. economic growth. Second, the tax code should provide stable conditions for private sector investment. Today, clean energy incentives in the tax code are meeting both of these objectives. As a result, the U.S is on the path towards a more reliable, secure and diverse energy portfolio that will be the foundation for the long-term economic prosperity of our country.

“As such, clean energy tax incentives have a distinct role to play.  Tax incentives are part of our national energy policy and have been as effective as any state or federal energy policy mechanism in helping to ensure an adequate, reliable, safe, clean supply of energy resources.  Further, tax incentives have been effective, efficient tools to encourage private sector investment; reduce costs for consumers and industry; spur technological innovation that lower deployment costs; and create jobs.”

As evidenced in the Sustainable Energy in America 2013 Factbook, released by the BCSE and Bloomberg New Energy Finance, affordable, homegrown and clean energy sources are the growth sectors of the U.S. economy.  The energy efficiency, renewable energy and natural gas sectors are powering the U.S. economy with jobs and investment and are promoting the security and diversity of our energy supply. BCSE encourages Congress to continue to support the research, development and deployment of these technologies to foster market competition here and abroad and to ensure that the United States becomes the world leader in clean energy technology.

Additional specifics on the recommended clean energy tax measures can be found here in the Council’s full submission to the tax writing Committee.

To download the full press release.