Senate Finance Committee advances key New Hampshire priorities in landmark Clean Energy Bill
WASHINGTON – U.S. Sen. Maggie Hassan joined colleagues on the Senate Finance Committee yesterday in advancing the Clean Energy for America Act, which included key provisions that Senator Hassan authored to combat climate change and support Granite Staters.
“Investing in the clean energy economy will help create more jobs in New Hampshire and protect our lakes, rivers, and forests. I’m also glad that this bill includes provisions based on my bipartisan legislation to help lower energy costs for Granite Staters and reduce carbon emissions,” said Senator Hassan. “This landmark piece of legislation is good for Granite Staters’ pocketbooks, for our health, and the special places we love, and I look forward to continuing to push forward this legislation.”
The Clean Energy for America Act would provide incentives for clean electricity, invest in improving the electric grid, encourage transportation electrification, invest in workers who are helping grow the clean energy economy, and crack down on tax incentives for fossil fuels. It also includes Senator Hassan’s key priorities, including provisions based on the bipartisan Home Energy Savings Act introduced with Senator Susan Collins (R-ME) to expand and extend a tax credit for energy efficient home upgrades.
Senator Hassan is working to address climate change and promote energy efficiency in New Hampshire and across the country. The Senator recently led a number of her colleagues in reintroducing bipartisan legislation to support and expand programs such as the Regional Greenhouse Gas Initiative (RGGI), a collaborative effort across 11 states including New Hampshire that uses market-based tools to reduce greenhouse gas emissions from the power sector. Senator Hassan’s bipartisan Battery Storage Innovation Act – which was signed into law as part of the December government funding package – expands the Department of Energy’s Loan Guarantee Program to include supporting the deployment of battery storage technology. Better battery technology will help increase the use of renewable energy sources and eliminate reliability gaps throughout the day.