Energy
We must transition to a green economy based on clean and renewable energy, including solar, wind, hydro, and biofuels while reducing carbon emissions. This is key to reducing carbon emissions, creating jobs, cutting costs for families and businesses, strengthening national security, and improving our standard of living. In 2022, Congress passed the Inflation Reduction Act, which delivered the largest federal investment to combat climate change in our nation’s history. This law will help us reduce greenhouse gas emissions by approximately 40 percent by 2030 and offers credits to help families and small businesses purchase energy-efficient appliances, lower their energy bills, and reduce their carbon footprint. More details about eligibility and how to claim the credits can be found here. This law also includes two provisions I championed: one that promotes the development of “green” and “blue” hydrogen and another to boost tax incentives to develop direct air capture technology. These are all bold steps in the right direction but more will still need to be done. I will continue working with my colleagues to build a new green economy and find innovative solutions to address climate change that will ensure our energy independence, protect our health, and preserve our planet for future. |