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March 13, 2012

Contact: Jack Thirolf
Email: [email protected]
Office: 202-785-0507

BCSE Joins Business Coalition Urging Clean Energy Tax Extensions

Stabenow Amendment Would Save Jobs, Grow the Economy

WASHINGTON, DC -The Business Council for Sustainable Energy (BCSE) joined a coalition of more than 550 businesses and trade associations today in a letter to Senate Leadership calling for "Yes" votes on an amendment offered by Senator Stabenow (D-MI) that would extend critical clean energy tax measures.

Since many of these tax incentives were last extended in December 2010, BCSE and other clean energy business interests have made the consistent case for further stable, long term extensions to ensure investment and job creation. Senator Stabenow's amendment has been offered to the Moving Ahead for Progress in the 21st Century Act (S. 1813) and could see a vote as early as today.

As the letter states, "By extending key clean energy tax incentives, Senator Stabenow's amendment would spur investment, create jobs, and diversify the country's energy portfolio to power the U.S. economy."

Speaking on the coalition letter and the possible vote today, BCSE President Lisa Jacobson stated, "This large and diverse coalition and Senator Stabenow have it right: we need to extend these crucial tax incentives immediately to make sure that investment can continue to flow to America's clean energy industries, that these industries can continue to create jobs, and that our economy continues to recover."

"We applaud Senator Stabenow for seeking to help American consumers and businesses improve their bottom lines with energy-efficient technologies and practices," said Alliance to Save Energy President and BCSE Board Member Kateri Callahan. "These energy efficiency tax incentives are a sound investment that will yield not only huge energy and dollar savings, but also will spur domestic job growth that in turn will lift us out of our current economic hardship."

To learn more about the BCSE's policy priorities, please see Statements and Recommendations.