FOR IMMEDIATE RELEASE
July 22, 2015
Contact: Laura Tierney
Email: [email protected]
Clean Energy Industries Support Senate Action on Tax Extenders
Washington, DC - BCSE President Lisa Jacobson issued the following statement following yesterday’s markup by the Senate Finance Committee to extend expiring clean energy tax measures.
“The Business Council for Sustainable Energy is pleased that the Senate Finance Committee has marked up and reported tax extenders legislation. The Council urges Congress to quickly enact legislation to extend the expiring and expired clean energy tax measures to ensure continued economic growth and the diversification of our energy resources.
“Our national energy policy has been driven in large part by federal tax policy, which has been as effective as any state or federal energy policy mechanism in helping to ensure an adequate, reliable, safe, clean supply of energy resources. Clean energy tax incentives have been effective, efficient tools to encourage private sector investment, reduce costs for consumers and industry, spur technological innovations that lower deployment costs, and to create jobs.
“Over the last half a dozen years, the US economy has continued its shift to the increased production and consumption of lower-carbon energy. Energy efficiency, renewable energy and natural gas are contributing to the country's rapid shifts in energy production, distribution and use.
“BCSE encourages a long-term extension of clean energy tax measures, including the Production Tax Credit and the Investment Tax Credit and other credits that support energy efficiency and clean energy investments to ensure that the full portfolio of clean energy technologies can help grow the US economy. The Council looks forward to working to make it happen this Congress.”
Download the full press release.