The NAM sent a “key vote” letter to the Senate today (text here) from Jay Timmons, our executive vice president, supporting clean energy incentives.
On behalf of the National Association of Manufacturers (NAM), the nation’s largest industrial trade association representing small and large manufacturers in every industrial sector and in all 50 states, I urge you to support the Cantwell-Ensign Clean Energy Tax Stimulus amendment number 4419 to H.R. 3221, housing legislation currently being considered on the Senate floor. This amendment would¸ among other provisions, extend incentives for clean and renewable energy that are set to expire at the end of this year.
U.S. manufacturers, large and small, have a substantial concern for affordable domestic energy supplies and improved energy efficiency. As a key component to reducing energy demand, increasing energy efficiency will go a long way to lowering energy costs and increasing economic competitiveness. By promoting energy efficiency and the development of renewable and alternative energy sources, the package of incentives included in the Cantwell-Ensign amendment represents an important step in securing our nation’s energy security without raising taxes.
The letter prompted an odd blog post from the Wall Street Journal’s “Environmental Capital” blog — an area of some expertise around here, odd posts — suggesting that it’s strange that the NAM would support renewable energy incentives while opposing a cap-and-trade program.
Where’s the contradiction? One works, the other doesn’t.
But, for big manufacturers faced with rising energy prices, efficiency clearly has a bottom-line component, too. NAM inked a partnership last summer with the U.S. Department of Energy to promote energy efficiency among its member companies, citing efficiency as an “immediate and cost-effective” way to trim energy bills.
But? But? How about, you betcha!
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