ICYMI: 73 Stakeholders Call for Passage of the American Energy Innovation Act

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ICYMI: 73 Stakeholders Call for Passage of the American Energy Innovation Act

The following press release was published by the Senate Committee On Energy & Natural Resources on Sept. 14, 2020. It is reproduced in full below.

ICYMI - Last Friday, a group of 73 stakeholder groups and companies - including the U.S. Chamber of Commerce, Environmental Defense Fund, National Association of Manufacturers, and The Nature Conservancy - sent a letter to Majority Leader Mitch McConnell and Minority Leader Chuck Schumer urging passage of the American Energy Innovation Act (AEIA) before the year is over.

AEIA represents more than a year’s worth of bipartisan work by Chairman Lisa Murkowski, R-Alaska, Ranking Member Joe Manchin, D-W. Va., and many additional Senators. The process-driven, consensus-based legislation , which would modernize the nation’s energy laws for the first time in more than 12 years, includes subtitles focused on efficiency, renewables, carbon capture and removal, energy storage, advanced nuclear, clean vehicles, industrial energy, mineral security, grid and cyber security, and workforce development. It incorporates the priorities of more than 70 Senators and, during initial floor debate in late February, drew support from more than 200 organizations.

The letter of support is pasted below, along with a list of all of the groups and companies who signed onto it. We thank them and certainly agree - AEIA deserves to become law in 2020.

Full Text of the Letter in Support of the American Energy Innovation Act

Sept. 11, 2020

Dear Majority Leader McConnell and Minority Leader Schumer:

We write to ask that you and your fellow Senators pass the American Energy Innovation Act (AEIA) this Congress. We believe that the AEIA represents one of the most consequential legislative initiatives for modernizing our nation’s energy policies since the enactment of the Energy Independence and Security Act (EISA) more than a decade ago.

The very foundation of our country and our economy is reeling from the COVID-19 pandemic, and this crisis has created the greatest shock to the global energy system since World War II. The International Energy Agency estimates that “global energy demand will fall 6 percent in 2020 - the equivalent of losing the entire energy demand of India, the world’s third largest energy consumer." Thousands of jobs have been lost as energy projects have stalled and office buildings and other businesses are shuttered. We cannot sustain and revitalize our economy without energy, and we now have both the challenge and opportunity to rebuild and retool our energy sector better and cleaner than before this global pandemic.

The AEIA can help boost economic growth while also sending a strong bipartisan signal of confidence that America will continue to be a leader in energy and industrial technology innovation. We need to invest now to have the right technologies for tomorrow. The bill would enable transformational investments in energy innovation that include renewable energy; hydropower and marine energy; geothermal energy; energy storage; energy efficiency; carbon capture, utilization, removal and storage; advanced nuclear; supply chain management and other technologies.

The AEIA is the cumulative result of 72 Senators sponsoring or cosponsoring more than 50 bills. The package includes a number of clean energy innovation bills that together will reduce carbon emissions in the United States and globally. The expansion of these programs will help drive down the costs and improve the performance of next generation clean energy and industrial systems, thus providing more options in both the U.S. and globally to meet midcentury emissions reduction goals.

The AEIA represents the sort of collaborative policymaking and problem-solving for which Americans now yearn in a time of crisis. It is vitally important that we enact the AEIA this Congress to boost economic growth, preserve and create jobs and make the U.S. more secure, prosperous and capable of meeting our global climate challenges.

Thank you for your consideration of our request.

Sincerely,

Accelergy Corporation

Algae Biomass Organization

American Conservation Coalition

American Council of Engineering Companies

American Elements

American Exploration & Mining Association

American Gas Association

American Petroleum Institute

ArcelorMittal

Arizona Technology Council

Baker Hughes

Bipartisan Policy Center Action

Business Council for Sustainable Energy

Capital Power

Carbon America

Carbon Capture Coalition

Carbon Engineering

Carbon Utilization Research Council

Carbon180

Center for Climate and Energy Solutions

Citizens for Responsible Energy Solutions Forum

Clean Air Task Force

Clean Energy Business Network

ClearPath Action

Copper Development Association

Core Energy, LLC

DTE Energy

Edison Electric Institute

Environmental Defense Fund

Fervo Energy

Form Energy

Gas Turbine Association

Geothermal Resources Council

Information Technology and Innovation Foundation

International Brotherhood of Boilermakers

Jupiter Oxygen Corporation

Kanin Energy

LanzaTech, Inc.

Linde, Inc.

Malta, Inc.

Microsoft

Ming Energy Partners

Mitsubishi Heavy Industries America, Inc.

National Association of Manufacturers

National Hydropower Association

National Mining Association

National Ocean Industries Association

NET Power, LLC

New Energy Risk

New Steel International, Inc.

North American Building Trades Union

Nuclear Energy Institute

Occidental

Ormat Technology

Pacific Ethanol

Pine Gate Renewables

Portland Cement Association

Prairie State Generating Company

Quidnet Energy

Republic Services

Reshoring Initiative

Rye Development

Shell

SMART Transport Division (of the Sheet, Metal, Air, Rail and Transportation Workers)

Society for Mining, Metallurgy, Exploration

Svante

Systems International - The ZEROS Project

The Nature Conservancy

Third Way

U.S. Chamber of Commerce

U.S. Energy Storage Association

U.S. Nuclear Industry Council

X-Energy

Source: Senate Committee On Energy & Natural Resources

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