Five Positions on Energy and the Environment
1. The Chamber's position on climate change
The Chamber has in its public documents, Hill letters and testimony, supported efforts to reduce greenhouse gas emissions in the atmosphere. Our position is simple: There should be a comprehensive legislative solution that does not harm the economy, recognizes that the problem is international in scope, and aggressively promotes new technologies and efficiency. Protecting our economy and the environment for future generations are mutually achievable goals.
2. The Chamber's position on Waxman-Markey
We opposed this specific legislation because it would not reduce the global level of greenhouse gases in the atmosphere. It is neither comprehensive nor international, and it falls short on moving renewable and alternative technologies into the marketplace and enabling our transition to a lower carbon future. It would also impose carbon tariffs on goods imported into the U.S., a move that would almost certainly spur retaliation from global trading partners.
3. The Chamber's position on EPA's proposal to regulate greenhouse gases under the Clean Air Act:
The Clean Air Act is not the appropriate vehicle for regulating climate change. Even though EPA is only addressing motor vehicles, the Clean Air Act is structured so that once EPA regulates greenhouse gases in any manner; the Act regulates all emitters of the gases which includes stationary sources that have never been subject to EPA Air regulation. To quote Congressman John Dingell, this will be a "glorious mess." Our economy does not need a glorious regulatory mess, especially now. Reason needs to prevail and Congress needs to enact a comprehensive climate change law.
4. The Chamber's position on alternative/renewable energy sources:
The Chamber has vigorously supported the production and use of renewable energy and we have consistently called for additional funding for renewable and other clean energy technology advancements. The Chamber's website contains all of our letters of support to Congress and comments to agencies, and our reports on the status of funding for new energy technologies. In addition, we have sent dozens of concrete policy recommendations to the Administration and Congress to reduce greenhouse gas emissions in the atmosphere while keeping our economy healthy. We are currently leading the fight to clear the regulatory, legal, and Not-In-My-Backyard roadblocks that are delaying promising wind, solar, nuclear and other clean energy projects across the nation.
5. The Chamber's position on the role of technology in addressing these challenging issues:
American business is the single biggest investor in clean technology. The Chamber has routinely supported tax incentives and credits, appropriations and stimulus funding to promote the accelerated development of these technologies. Our Institute for 21stCentury Energy dedicated an entire chapter of its Transition Plan for Securing America's Energy Future to increasing sources of renewable energy in our transportation and electricity sectors. We supported all of the technology provisions of the Energy Policy Act of 2005 and the Energy Independence and Security Act of 2007, and has promoted their funding since the passage of these laws.