WASHINGTON, D.C., Nov. 17, 2020 — Today national business group Advanced Energy Economy released this statement as a broad range of clean energy groups delivered a letter to leaders of the U.S. Congress calling for swift action to support deployment of advanced energy technologies and transportation electrification in must-pass legislation before yearend.
"With a few simple tweaks, Congress can make existing policies that support advanced energy more flexible and more effective at a time when the economy needs a boost," said Nat Kreamer, CEO at national business group Advanced Energy Economy. "Specifically, policymakers should shift existing tax credits for advanced energy to direct pay and extend deadlines for eligibility in light of supply chain and construction disruptions due to COVID. This is a no-lose proposition for spurring our nation's economic recovery, tapping fast-growing jobs opportunities and shifting to cleaner, more affordable energy resources."
About Advanced Energy Economy
Advanced Energy Economy (AEE) is a national association of businesses that are making the energy we use secure, clean, and affordable. Advanced energy encompasses a broad range of products and services that constitute the best available technologies for meeting energy needs today and tomorrow. AEE’s mission is to transform public policy to enable rapid growth of advanced energy businesses. Engaged at the federal level and more than a dozen states around the country, AEE represents more than 100 companies in the $238 billion U.S. advanced energy industry, which employs 3.6 million U.S. workers.
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