Environmental and Energy Advocates Applaud Legislation for Resource Efficient Appliance Incentives Saving Consumers $25 Billion
Several leading environmental and energy groups today praised Senators Grassley, Rockefeller and Jeffords and Representatives Nussle and Tanner for their leadership on energy-efficient, environmentally friendly technology in introducing the Resource Efficient Appliances Incentives Act of 2000. This bill creates tax incentives for high-efficiency clothes washers and refrigerator-freezers from 2001 through 2006, complimenting a proposed federal efficiency standard agreed on by energy advocates, appliance manufacturers, and state and local governments in May.
The Alliance to Save Energy, the American Council for an Energy-Efficient Economy (ACEEE), and the Natural Resources Defense Council (NRDC) noted that the total savings from tax incentives and standards are projected at $25 billion in consumer bills, 11 trillion gallons of water, 4 quads of energy, and over 300 million tons of carbon dioxide over the life of the affected equipment. This will reduce consumer energy bills, save water, and prevent air pollution, all accomplished by encouraging manufacturers to build and sell these high-performance products years in advance of the standard’s effective date.
"This bill will help America clean up – clean up our air quality, our climate, and our water. I commend Senator Grassley and his colleagues for working in a bipartisan fashion with environmental and clean energy leaders, and appliance manufacturers," stated Alliance to Save Energy President David M. Nemtzow.
"This bill is clearly consistent with the targeted tax incentives for energy efficiency and renewable energy technology that the President has repeatedly requested Congress to enact," commented ACEEE Senior Associate Edward Osann.
"The environmental benefits in this important legislation come not at the expense of consumers, but with a net benefit of more than $1 billion in reduced energy and water bills. That is good policy by anyone’s definition" stated Daniel A. Lashof, Senior Scientist at the NRDC.
The Sierra Club, Friends of the Earth and the Association of Home Appliance Manufacturers have also endorsed the bill.