I rise in support of S. 1959, the fiscal year 1997 energy and water development appropriations bill. I am particularly pleased that the Senate is restoring funding for renewable energy programs. A portion of the restored funds will go to support a Federal interagency board, The Committee on Renewable Energy Commerce and Trade [CORECT]. This program came out of legislation authored by Senator Hatfield and myself in the 97th Congress which President Reagan signed. The premise of the legislation was simple: build effectiveness of Government export assistance programs by having Federal agencies work together, team together. CORECT has worked well. Not only has United States industry identified nearly $2 billion of potential in Latin America alone, but global sales for United States renewable energy equipment and services have more than doubled over the last few years. Mr. President, I also want to thank the chairman and ranking member for including funding for a particular project--the restoration of wetlands on the Williamson River in Oregon.
Editor's note · Context
Discussing support for the fiscal year 1997 energy and water development appropriations bill.
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