November 16, 2012
Balanced Package on Tax and Budget Issues
Washington, DC -- With the Obama Administration and Congress meeting today to discuss proposals to tackle the nation's urgent fiscal and budget issues, the Business Council for Sustainable Energy (BCSE) sent a letter today to congressional leaders urging action on a balanced agreement that would address a set of expiring and expired tax measures, including clean energy tax measures and future funding for many critical federal programs that support business growth and investment in the energy sector.
BCSE President Lisa Jacobson said:
"Clean energy tax measures and a range of federal programs have provided value to U.S. clean energy businesses, helping these industries to grow and contribute to the U.S. economy.
"The tax code is currently one of the strongest drivers for energy investment in the country. Tax policy has been effective in encouraging private sector investment, reducing costs to consumers and industry, spurring technological innovation and enhancing the viability and deployment of a portfolio of clean energy options.
"Programs such as those within the Department of Energy’s Office of Energy Efficiency and Renewable Energy, international clean energy and financing programs, farm programs, and offices and programs at the Department of the Interior have shown their value with research and development, commercialization and deployment, and siting and permitting of advanced energy technologies.
"As tax and budget issues are debated in the coming weeks, BCSE encourages Congress and the Administration to consider the value of these programs in helping U.S. businesses grow and deploy their technologies."
A copy of the letter is available here.