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January 28, 2014
Contact: Laura Tierney
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BCSE Statement in Reaction to 2014 State of the Union Address

Washington, DC - Following President Barack Obama's State of the Union address to a joint session of Congress this evening the Business Council for Sustainable Energy released a statement from Council President Lisa Jacobson:

"Tonight President Obama spoke of his Administration's commitment to combating climate change. This includes implementing elements of his Climate Action Plan to reduce carbon emissions from power plants, prepare the United States for the impacts of climate change and to be a leader in international efforts to address climate change.

"The President noted in his speech the dramatic changes that are occurring in our country's energy production, distribution and use. He discussed the greater use of domestic renewable energy resources and natural gas, while increasing the energy efficiency of our industries, businesses and homes.

"This recent growth in clean energy sources and technologies has driven U.S. CO2 emissions down nearly 10 percent since 2005, reversing decades of increases. Today, the U.S. is already halfway to reaching President Obama's goal of a 17 percent reduction in greenhouse gas emissions from 2005 levels by 2020.

"Affordable, homegrown and clean energy sources are powering the U.S. economy with jobs and investment, and are promoting the security and diversity of our energy supply. Continued research, development and deployment of these technologies will modernize America's aging energy infrastructure and will ensure that the United States becomes the world leader in clean energy technology.

"The BCSE-Bloomberg New Energy Finance Sustainable Energy in America Factbook demonstrates the growth of these clean energy markets and their positive impact on the greenhouse gas emissions that contribute to climate change. An updated Factbook will be released next week showing the latest developments and trends in clean energy industries.

"The Council commends the President's commitment to clean energy in his speech tonight."

Download the full statement here.