Political Quotes

On the recordMay 20, 2010
I rise today to speak about the Renewable Energy Market Access Program Act, or REMAP Act, which I introduced to help grow American renewable energy and energy efficiency exports abroad. This bill would help small- and medium-sized renewable energy businesses promote, export and ultimately penetrate foreign markets. I know my colleagues are well aware of the importance of exports to our Nation's economy, as evidenced by their support for efforts to increase American competitiveness abroad. I am also encouraged by the President's National Export Initiative and its goal to double American exports over the next five years. This effort will be critical to a full economic recovery and I encourage the administration to continue its work; however, I believe that we need to do more to support a sector that shows tremendous growth potential. In 2009, $162 billion was invested in clean energy worldwide, and it is estimated that this investment will increase to $200 billion in 2010. Additionally, 90 percent of worldwide investments in renewable energy goods occur in G-20 countries and the developing world is projected to comprise 80 percent of the world's future energy demand.
Said by
Mark Udall
Democratic · Colorado
Source
govinfo.gov
May 20, 2010

Editor's note · Context

Speaker Udall discusses the Renewable Energy Market Access Program Act to promote U.S. renewable energy exports.

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