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News & Record - 07/01/2008

Congress must act now to support clean energy (new window)

Emerging clean-energy industries, such as wind and solar power, are not only taking steps toward solving global warming and America’s energy problems, they’re creating good jobs that help the economy and environment.

We should be making investments in clean energy so green innovations can make an even bigger difference in stopping global warming, cleaning our air and building the kind of economy that future generations can rely on.

Yet, Congress has to act now to deliver on the promise of a new energy future. Big Oil and its friends on Capitol Hill have been blocking the extension of critical clean-energy incentives. If these expire, an estimated $19 billion in clean-energy projects will be canceled, and America would lose more than 116,000 clean-energy jobs.

With today’s economy, threats to the environment and dependence on foreign oil, the worst thing we could do would be to impose a crippling tax increase on the fast-growing clean-energy industry.

For the second time in as many weeks, U.S. Sens. Elizabeth Dole and Richard Burr voted to block the extension of these crucial clean-energy investments. We urge them to extend the clean-energy tax credits.