Marcy Kaptur: “I appreciate the chairman's yielding. Mr. Chairman, I rise in opposition to this amendment. I first want to invite the…”

“I appreciate the chairman's yielding. Mr. Chairman, I rise in opposition to this amendment. I first want to invite the gentleman from Alabama to Ohio to see part of the new energy sector in our country. It is absolutely incredible, and it does involve high-level research to produce new energy technologies. I support nuclear, and I support fossil-based research, but I also support coal and tidal energy and wind and biofuels and geothermal--all of them--because we need them. New investment in clean energy in our country in 2013 totaled $36.7 billion. The leading company in solar in our country and, frankly, globally is a U.S.-born company--born in Ohio--called First Solar. You mentioned nonproductivity. Their stock is sold on Wall Street. They benefited early on in that company's life by photovoltaic research beginning back in the 1970s and 1980s at the U.S. Department of Energy. It is really incredible to see the future being born, and I am hoping Alabama can take advantage of that kind of technology. What concerns me, and one of the reasons I am on my feet at this point, is that they have competition from China. The first and second companies in the world that are being subsidized by the Chinese Government are in tough competition with the U.S.-born company, and we can't ignore the fact that global venture capital and private equity in new investment in clean energy increased from $1.4 billion in 2004 to $4.4 billion in 2013.…”