Alliance to Save Energy Praises Tax Incentives for Energy Efficiency | Alliance to Save Energy

Alliance to Save Energy Praises Tax Incentives for Energy Efficiency

The Alliance to Save Energy News

Alliance to Save Energy Praises Tax Incentives for Energy Efficiency

Release Date: Wednesday, April 2, 2003

Statement of Alliance to Save Energy President David M. Nemtzow

"With the nation at war and our economic future uncertain, the Alliance to Save Energy commends the Senate Finance Committee for today adopting several provisions to promote the market for energy-efficient products. We wish the Finance Committee had done more for energy efficiency – which is the quickest, cleanest, cheapest way to save energy, protect the environment, and reduce oil imports – and we will work with Committee leaders to improve the bill when it reaches the Senate floor.

"By approving a package of tax incentives for highly efficient homes (new and existing), cars and light trucks, appliances, commercial buildings, advanced meters, and other products, the committee takes an important step.

"Unfortunately, the leadership of the House Ways and Means Committee is moving in the opposite direction. On the eve of Committee markup, they have put forward a proposal that – while strengthening the tax credits for efficient homes – eliminates the incentives for efficient appliances and commercial buildings. Most troubling, the new House proposal would greatly weaken the provision for highly efficient cars and light trucks, thereby gutting the most important tax incentive for reducing oil imports."

STAY EMPOWERED

 

TAKE ACTION

Help the Alliance advocate for policies to use energy more efficiently – supporting job creation, reduced emissions, and lower costs. Contact your member of Congress.

JOIN US

Energy efficiency is smart, nonpartisan, and practical. So are we. Our strength comes from an unparalleled group of Alliance Associates working collaboratively under the Alliance umbrella to pave the way for energy efficiency gains.

DONATE

The power of efficiency is in your hands. Supporting the Alliance means supporting a vision for using energy more productively to achieve economic growth, a cleaner environment, and greater energy security, affordability, and reliability.