Political Quotes

On the recordMay 21, 2008
Mr. Speaker, over the next few years the renewable energy industry in the United States is poised to create hundreds of thousands of family wage jobs. But none of it will happen, and in fact we will lose jobs if we don't extend the investment and production tax credits for new energy technologies. As someone who spent my entire career in the wind industry, I know firsthand how critical these credits are to increasing renewable energy use and production. These incentives helped to turn wind power into a viable and growing energy option. Just last week, the Department of Energy released a report estimating that wind could provide 20 percent of our Nation's energy by 2030. Renewable energy is now competitive with conventional power. I recently hosted a meeting in my district with the heads of solar and wind energy companies to discuss the potential for employment in the renewable sector. It's clear, with the right Federal incentives, the industry will flourish, and we could see the creation of half a million new energy technology jobs in just the next few years. There's also a flip side. When the production and investment tax credits lapse, there's a devastating consequence for the renewable energy industry. For instance, the last time we didn't extend the production tax credit, the wind industry lost thousands of good paying, green energy jobs all across our country.
Said by
Michael Arcuri
New York

Editor's note · Context

Discussing the importance of extending tax credits for the renewable energy industry.

Share

More from Michael Arcuri

Jun 12, 2008

I would just point out what this amendment does is it attempts to get the private sector more engaged by promoting within NASA the push to transfer not from the public sector, not to just have this go from the public sector to the…

govinfo.gov
Jun 24, 2008

Mr. Speaker, traveling across my district, there is one thing I hear about again and again, and that is gas prices. Whether it is at the grocery store or at the gas pumps, Americans are feeling the crunch. Skyrocketing gas prices are…

govinfo.gov
Jul 15, 2010

I speak in support of H.R. 5114, the Flood Insurance Reform Priorities Act, which will provide the stability necessary for businesses, realtors, homeowners, and plan effectively to reduce the potential economic loss and costs of repairing…

govinfo.gov
Nov 3, 2009

I urge you to move quickly and report this legislation for the sake of tribal communities everywhere.

congress.gov

Other voices in this conversation