FOR IMMEDIATE RELEASE
November 19, 2014
Contact: Laura Tierney
Email: [email protected]
Statement on Release of Coalition Letter to Congress on Extending Clean Energy Tax Measures
Clean Energy Industries Urge Congress to Pass EXPIRE Legislation This Year
Washington, DC - The Business Council for Sustainable Energy (BCSE) released the following statement from President Lisa Jacobson in response to the release of a letter sent to Congress today urging the passage of the Expiring Provisions Improvement Reform and Efficiency (EXPIRE) Act this year.
"The BCSE is proud to join over 450 other companies and organizations in signing on to a letter urging Congress to take immediate action on legislation to extend expired and expiring clean energy tax measures this year.
Businesses and investors need stable, predictable federal tax policy to create jobs, invest capital, and deploy pollution-reducing energy technologies. Allowing the lapsed clean energy tax provisions to languish undermines investor confidence and jeopardizes continued economic and environmental benefits.
According to the Sustainable Energy in America Factbook from Bloomberg New Energy Finance and BCSE, the use of lower and zero carbon energy sources has grown rapidly over the past six years. These sectors are quickly embedding themselves into the mainstream fabric of the US energy economy and tax policy has played a role in this transformation.
These bipartisan tax provisions have a proven track record of helping scale up production and drive down the cost of clean energy technologies, thereby ensuring that market-ready technologies are deployed to their full potential.
The Council looks forward to continuing to work with Congress and the Obama Administration to extend the expired and expiring clean energy tax provisions before the end of the year. Doing so will help build the economy, create jobs, and deliver a safer, healthier energy future.”
Please see the full letter to Congress here.
Download the full press release.