Markey: Clean Energy Means Jobs Here, Jobs Now
Recovery Act Dollars Must Be Joined by Senate Action, Says Chairman Markey
Today President Obama announced the release of $2.3 billion in funding from the Recovery Act to create clean energy jobs.
Rep. Edward J. Markey (D-Mass.), co-author of the Waxman-Markey clean energy jobs bill and Chairman of the Select Committee on Energy Independence and Global Warming, issued the following statement:
“Millions of new clean energy jobs will be created over the next decade. The question is, will they be created in China or Germany or will we create them here in America? Today the president is saying we are dedicated to creating these clean energy jobs here, and to create them right now.
“These funds from the Recovery Act will continue the near-term advances our country has made in clean energy, but we need a long-term economic plan to create more jobs, and keep them here in America. That’s why the Senate must pass their version of the Waxman-Markey clean energy bill to ensure a robust long-term market for clean energy technologies.
“An American clean energy jobs plan will reduce both our oil imports and job exports. Studies say that a plan like Waxman-Markey would create nearly 2 million new clean energy jobs. The clean energy economy we are building with better fuel economy, more renewable energy, and more American jobs could save all of the oil we import from the Middle East.”
Additional background on today’s announcement:
- A variation of the clean energy manufacturing credit used today is in the Waxman-Markey legislation. Up to 20 percent (about $18 billion through 2025) of clean energy development money provided to states through Waxman-Markey can be used for manufacturing incentives.
- The investment tax credits, worth up to thirty percent of each planned project, will leverage private capital for a total investment of nearly $7.7 billion in high-tech manufacturing in the United States.
- The projects will create more than 17,000 jobs in some of the fastest growing parts of our economy.
- More than $5 million goes to support four Massachusetts manufacturing companies that will produce technologies and materials for efficient buildings, solar energy, and smart grid: Airxchange Inc., CertainTeed Corporation, GreenRay, Inc., and Premium Power.
The Select Committee was active during the 110th and 111th Congresses. This is an archived version of the website, to ensure that the public has ongoing access to the Select Committee record. This website, including external links, will not be updated after Jan. 3rd, 2010.
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