[USA] Businesses, lawmakers urge federal investment and support of the clean energy sector

On June 2, 2020, two unrelated groups sent letters to Congressional leaders and lawmakers urging the government to increase support for the clean energy industry in the wake of the COVID-19 pandemic. In the first letter, 57 Democratic Senators and Representatives, led by Sen. Martin Heinrich, D-N.M., called for “additional flexibility” for energy tax credits in order to support the clean energy sector and work force.[1] According to the letter, the clean energy sector has seen a 17.4% decline in employment—nearly 600,000 jobs—compared to the April 2020 national unemployment rate of 14.7%.

The second letter included about 80 companies and organizations and proposed federal appropriations of $22 billion over five years to retrofit critical public facilities.[2] The group has also proposed $18 billion for state and local public buildings through the federal State Energy Program over five years, $2.5 billion for improvements to federal buildings through the Federal Energy Efficiency Fund, and $1.5 billion for energy efficiency improvements in public housing. The funding would go toward a range of efficiency and resilience measures. The letter claims that the federal funding could help leverage an estimated private investment of $88 billion to deliver a total of $110 billion in economic activity. Organizations signed on to the letter include: ConEdison Solutions, Constellation, DuPont Specialty Products USA, FPL Energy Services, Greentech Energy, Schneider Electric, Siemens Corporation USA, and the Sheet Metal and Air Conditioning Contractors National Association.

[1] https://www.heinrich.senate.gov/press-releases/heinrich-tonko-lead-bicameral-call-for-inclusion-of-clean-energy-workforce-support-in-covid-19-economic-recovery-packages

[2] https://www.documentcloud.org/documents/6935575-Mission-Critical-Facility-Renewal-Letter-to.html