House Committee Passes American Clean Energy And Security Act

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The U.S. House of Representatives' Energy and Commerce Committee has approved the American Clean Energy and Security Act (H.R.2454) by a vote of 33 to 25.

‘The House took a major step forward today in cutting pollution while putting our economy back on track, thanks to the leadership and persistence of Chairman Waxman, Ranking Member Barton, Sub-Committee Chairman Markey and Ranking Member Upton,’ says Rhone Resch, president and CEO of the Solar Energy Industries Association. ‘This bill will invest in clean energy for the future, while creating jobs and fueling investment in the solar industry.Â

‘Several solar energy companies have announced major manufacturing and project initiatives in the past week, and this bill will help more companies revive America's manufacturing sector with green jobs,’ he continues. ‘Specifically, this bill stimulates deployment of solar energy by allocating carbon allowances for renewable energy and energy efficiency, applying triple renewable energy credits for distributed generation (like solar), including solar water heating systems as an energy-efficiency measure, creating a Clean Energy Bank, and establishing net metering and interconnection standards for federal facilities that install solar.Â

‘We look forward to working with Chairman Waxman and Ranking Member Barton on swift House passage of this historic energy and climate bill,’ adds Resch.

SOURCE: Solar Energy Industries Association

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