Political Quotes

On the recordMay 24, 2022
I am here today to spend a few minutes on an issue that is profoundly important to Colorado and, I would say, to the Presiding Officer's State, as well, without being presumptuous, New Mexico, our neighbor to the south. In March, the Biden administration launched an investigation into whether China is evading solar tariffs. That may seem fine on its face, but, in reality, it has taken a sledge hammer to the solar industry in Colorado and all across the country. There are over 330 solar companies in my State. They have created nearly 7,000 jobs and driven close to $5 billion of investment. Our companies are leading the Nation. Last year, we nearly quadrupled our deployment of solar capacity compared to 2017, and before the Biden administration's investigation, we were projected to double or even triple that capacity. Washington should be lifting up Colorado's success as exactly the kind of progress we need to achieve net zero emissions by 2050, which we have to do. Instead, the Commerce Department's investigation is driving our solar industry out of business, because it could end with a massive expansion of tariffs that could drive up costs and cripple that sector. Worse, the administration has said they might even apply these tariffs retroactively. Think about that.…
Said by
Michael Bennet
Democratic · Colorado

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