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Advanced Energy United Endorses the RISEE Act

Posted by Adam Winer on Nov 18, 2024

Reinvesting in Shoreline Economies and Ecosystems (RISEE) Act will direct more benefits to communities with offshore wind

WASHINGTON, DC – National business association Advanced Energy United is proud to endorse S.373, the Reinvesting in Shoreline Economies and Ecosystems (RISEE) Act, which was introduced by Senators Whitehouse and Cassidy. 

Harrison Godfrey, Managing Director at Advanced Energy United, released the following statement of support for the legislation:

“This bipartisan legislation ensures that states and localities throughout the U.S. – on the coasts, around the Great Lakes, and along America’s inland waterways – will see greater benefits from the development of offshore wind and other energy resources. Under the RISEE Act, more revenues from offshore development will flow to states and localities, helping them build more resilient infrastructure, recover from extreme weather, and conserve fisheries and other ecosystems critical to their economies. By ensuring more stakeholders benefit from offshore energy development, this legislation will serve to strengthen U.S. energy dominance, while meeting growing demand for reliable, affordable, and clean power.” 

Advanced Energy United expresses its appreciation to the leadership of Senators Whitehouse and Cassidy in developing this bill, and urges both chambers to move swiftly towards passage.

Topics: Federal Policy, Press Releases, Federal, Federal Investments and Manufacturing