On the recordJune 29, 2020
We both agree, Senator Murkowski, that the Energy Innovation Act is going to absolutely help our economy recover. We will never have a recovery coming off a recession or a real shutdown the way we have just seen unless there is infrastructure, and this is, by far, the best. Between March and April, the energy industry lost 1.3 million jobs. That is a 13-percent drop that essentially wipes out all industry-wide job growth in the last 5 years. I repeat: For the last 5 years, it has been wiped out over 3 months. That is on top of the major shifts in the U.S. and global energy markets that preceded and intensified in the pandemic with a catastrophic hit to the economy, and, most importantly, to the workers. American workers need immediate relief, as well as longer term assistance, and they need jobs in the sectors of tomorrow's energy economy. This energy package puts billions of dollars into research, development, demonstration, and deployment of energy technologies that will create skilled and high-paying jobs while also establishing workforce grants to ensure unemployed or new workers have the skills and opportunities to get back to work as quickly as possible. On top of that, our bill would help develop technologies needed in four sectors of the U.S. economy--power generation, transportation, industry, and commercial and residential buildings--that contribute 90 percent of U.S. greenhouse gas emissions. While we are expecting a 14-percent drop in U.S.…
Source
govinfo.gov




