Dianne Feinstein: “I rise in support of the Efficient Energy through Certified Technologies Act which I have cosponsored along with Senator…”

“I rise in support of the Efficient Energy through Certified Technologies Act which I have cosponsored along with Senator Olympia Snowe of Maine. The EFFECT Act will provide tax incentives to encourage homeowners and businesses to improve the energy efficiency of their buildings and equipment. This legislation will stimulate the economy, cut energy bills, reduce energy usage, and reduce pollution. This bill was originally introduced in the 107th Congress to address the Western energy crisis which, as we all know, created exorbitantly high prices for power and rolling blackouts. This legislation incorporates improvements based on last year's Senate energy tax bill. While conditions in the West have improved because there are more plants coming online and families and businesses have reduced their energy usage, it is important to take steps to continue to increase our energy efficiency and reduce energy consumption. Simply put, there are only two things one can do when there is not enough power to go around: increase supply or decrease demand. Without a doubt, the quickest way to address future demand and supply imbalances is to provide incentives to increase energy efficiency to reduce demand.”