According to the Brookings Institution, 2.7 million Americans are employed by the clean energy economy, which is more than are employed in the fossil fuels sector. Over the next few decades, the green energy sector is projected to be worth trillions of dollars and to create millions of new jobs, and we must ensure that American companies are able to compete in the worldwide race to create the technology of the future.
The Renewable Energy Production Tax Credit (PTC) has played a critical role in our green energy economy, particularly with the wind industry in Illinois. More than 100,000 people are employed in the wind industry alone, and much of that growth has resulted from the PTC. We must act quickly to renew the PTC so that wind energy and jobs continue to grow.
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WASHINGTON – Today Congresswoman Jan Schakowsky, Senior Chief Deputy Whip and Chair of the Energy and Commerce Consumer Protection and Commerce Subcommittee, and Congresswoman Nanette Diaz Barragán (D-CA), a member of the Energy and Commerce Committee, introduced the Future Generations Protection Act. This bill would help ensure a rapid shift to clean renewable energy by stopping further expansion of fracking and new fossil fuel infrastructure.
The Energy and Commerce Committee's Subcommittee on Environment and Climate Change held a hearing on the use of carbon capture to help protect our environment.