Washington, D.C. – Lisa Jacobson, President of the Business Council for Sustainable Energy (BCSE), offered the following statement in response to the introduction of an amendment to the Senate budget reconciliation bill by Senators Joni Ernst (R-IA), Chuck Grassley (R-IA), and Lisa Murkowski (R-AK):

“The Business Council for Sustainable Energy supports the amendment introduced by Senators Ernst, Grassley, and Murkowski to amend the energy tax credit provisions of the budget reconciliation bill currently under consideration. This amendment would provide a more workable transition for energy businesses while protecting energy sector jobs and projects currently in the pipeline.

“Clear, predictable, and long-term tax policy is essential for market confidence that will get projects deployed quickly and urgently as America faces skyrocketing energy demand. Companies plan with these tax incentives in mind and rely upon them for capital allocation, planning, and project commitments – all of which will be jeopardized by abrupt cut offs or additional restrictions. The proposals included in this amendment will save jobs, protect investment, and ensure greater business certainty across the country.”