March 02, 2020
TO THE MEMBERS OF THE UNITED STATES SENATE:
The U.S. Chamber of Commerce strongly supports S. 2657, the “American Energy Innovation Act,” which would stimulate the development, demonstration, and deployment of a broad suite of next-generation energy technologies and promote American ingenuity while developing tools needed to combat climate change on both a national and global level. The Chamber will consider including votes on this legislation in our annual How They Voted scorecard.
The American Energy Innovation Act would be the most consequential energy legislation passed by Congress in 13 years. In addition to providing overall support for funding advanced energy technology development at the Department of Energy and implementing numerous enhancements in the efficiency measures that help businesses and government do more with less, S. 2657 would also set forth the foundation for next-generation, American-made energy technologies. For example, the bill would advance nuclear, wind, solar, geothermal, and hydroelectric energy sources, carbon capture utilization and sequestration, and advanced battery and energy storage technologies, among others.
Moreover, S. 2657 is overwhelmingly bipartisan, from the development through regular order of its individual components to the merging of these pieces into one comprehensive legislative package. Dozens of Senators have contributed to this bill, making the overall package a model of constructive compromise and legislative leadership.
Reducing greenhouse gas emissions at lower costs requires technological innovation. Providing American innovators with the support and framework to deploy advanced technologies at reasonable cost would not only serve to reduce domestic emissions, but would cultivate resources that will become preferred energy solutions around the globe. The passage and implementation of S. 2657 would both fuel American innovation and promote global climate action.
The Chamber strongly urges you to support the American Energy Innovation Act.
Suzanne P. Clark
U.S. Chamber of Commerce