{"id":525868,"date":"2010-04-13T10:20:16","date_gmt":"2010-04-13T14:20:16","guid":{"rendered":"http:\/\/climateprogress.org\/?p=22888"},"modified":"2010-04-13T10:20:16","modified_gmt":"2010-04-13T14:20:16","slug":"i%e2%80%99m-testifying-before-house-ways-and-means-with-pickens-sachs-ge-u-s-chamber-on-wednesday","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/525868","title":{"rendered":"I\u2019m testifying before House Ways and Means with Pickens, Sachs, GE, U.S. Chamber on Wednesday"},"content":{"rendered":"<p>The House Ways and Means Committee will hold a <a href=\"http:\/\/waysandmeans.house.gov\/Hearings\/hearingDetails.aspx?NewsID=11120\">hearing<\/a> Wednesday on energy tax incentives and the green job economy.\u00a0 It will be webcast <a href=\"http:\/\/boss.streamos.com\/wmedia-live\/waysandmeans\/15943\/300_waysandmeans-cwam2007_070119.asx\">here<\/a>.<\/p>\n<p>I&#8217;m on the 1 pm panel, the one <em>The Hill<\/em> <a href=\"http:\/\/thehill.com\/blogs\/on-the-money\/domestic-taxes\/91405-t-boone-pickens-to-testify-at-ways-and-means-energy-hearing\">says<\/a> &#8220;will likely be a media circus because of the attention [T. Boone] Pickens usually  draws.&#8221;\u00a0 Here&#8217;s the full <a href=\"http:\/\/waysandmeans.house.gov\/media\/pdf\/111\/2010_04_14_Witness_List.pdf\">witness list<\/a> for my panel:<\/p>\n<p><span id=\"more-22888\"><\/span><\/p>\n<blockquote>\n<p>T. Boone Pickens, Chairman, BP Capital, Dallas, Texas<br \/>\nVictor Abate, Vice President of Renewables, General Electric, Schenectady, New York<br \/>\nJeffrey Sachs, Ph. D., Director, The Earth Institute, Columbia University, New York, New York<br \/>\nJoseph Romm, Ph.D., Senior Fellow, Center for American Progress<br \/>\nThe Honorable Karen Harbert, President and Chief Executive Officer, Institute for 21st Century Energy, U.S. Chamber of Commerce<\/p>\n<\/blockquote>\n<p>Ahh, the <a title=\"Permanent Link to Chamber of Horrors:  The  incredible, shrinking industry group falsely claims \u201cWe\u2019ve never  questioned the science behind global warming\u201d\" rel=\"bookmark\" href=\"http:\/\/climateprogress.org\/2009\/09\/29\/chamber-of-commerce-the-incredible-shrinking-industry-group-falsely-claims-we%e2%80%99ve-never-questioned-the-science-behind-global-warming\/\">The incredible, shrinking Chamber of Commerce that falsely claims \u201cWe\u2019ve never questioned the science  behind global warming.\u201d<\/a><\/p>\n<p>You can read about the Institute for <span style=\"text-decoration: line-through;\">21st<\/span> 19th Century&#8217;s &#8220;<a href=\"http:\/\/wonkroom.thinkprogress.org\/2008\/12\/01\/jones-climate-catastrophe\/\">Catastrophic Energy Future<\/a>&#8221; (and at <a href=\"http:\/\/getenergysmartnow.com\/2008\/11\/24\/the-us-chamber-of-commerce-and-energy-xxi-a-glance-with-thoughts\/\">Energy  Smart<\/a>).<\/p>\n<p>Here&#8217;s more on the hearing:<\/p>\n<blockquote>\n<p>BACKGROUND:<\/p>\n<p>Over the last several years, the nation has benefitted from an unprecedented amount of both public and private investment in renewable electricity production, energy efficiency, and renewable fuels, ushering in the new, green economy as a driver for sustainable job creation.\u00a0 A significant amount of Federal support for investment in renewable energy and energy efficiency is provided through the Internal Revenue Code.\u00a0 Within the span of five months during the Winter of 2008 and 2009, the Congress passed and the President signed into law approximately $39 billion in provisions to stimulate demand for renewable electricity and renewable fuels, provide assistance to communities to make investments in energy efficiency, and assist domestic manufacturers engaged in the production of advanced energy equipment.\u00a0 These investments include approximately $17 billion in incentives provided in the Energy Improvement and Extension Act of 2008 (Division B of P.L. 110-343) and approximately $22 billion in incentives provided in the American Recovery and Reinvestment Act of 2009 (P.L. 111-5).<\/p>\n<p>In announcing this hearing, Chairman Levin said, \u201cInvesting in energy efficiency and renewable energy has major potential to create new jobs and help our economy recover.\u00a0 In recent years we have made significant investments in policies to encourage and enhance domestic manufacturing and production of renewable energy as well as the use of more efficient fuel sources.\u00a0 This hearing will examine benefits currently in place and discuss potential for new incentives to further drive job creation, economic growth, and reduce our dependence on foreign oil.\u201d<\/p>\n<p>FOCUS OF THE HEARING:<\/p>\n<p>The hearing will examine the effectiveness of current energy tax policy and identify additional steps that the Committee can take to ensure continued job growth in this area while at the same time advancing national energy policy focus on a discussion of current and proposed energy tax incentives.<\/p>\n<\/blockquote>\n<p>Should be fun.<\/p>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow: hidden;\"><span id=\"ArticleDetailsCtrl_LongVersionLabel\"><span style=\"font-size: small;\"><span style=\"font-family: Arial;\"><strong>BACKGROUND<\/strong>:<\/span><\/span><\/p>\n<p><span style=\"font-size: small;\"><span style=\"font-family: Arial;\">Over  the last several years, the nation has benefitted from an unprecedented   amount of both public and private investment in renewable electricity   production, energy efficiency, and renewable fuels, ushering in the  new, green  economy as a driver for sustainable job creation.\u00a0 A  significant amount of  Federal support for investment in renewable  energy and energy efficiency is  provided through the Internal Revenue  Code.\u00a0 Within the span of five months  during the Winter of 2008 and  2009, the Congress passed and the President signed  into law  approximately $39 billion in provisions to stimulate demand for   renewable electricity and renewable fuels, provide assistance to  communities to  make investments in energy efficiency, and assist  domestic manufacturers engaged  in the production of advanced energy  equipment.\u00a0 These investments include  approximately $17 billion in  incentives provided in the <em>Energy Improvement  and Extension Act of  2008 <\/em>(Division B of P.L. 110-343) and approximately $22  billion in  incentives provided in the <em>American Recovery and Reinvestment Act  of  2009 <\/em>(P.L. 111-5).<\/span><\/span><\/p>\n<p><span style=\"font-size: small;\"><span style=\"font-family: Arial;\">In  announcing this hearing, Chairman Levin said, <strong>\u201cInvesting in  energy  efficiency and renewable energy has major potential to create  new jobs and help  our economy recover.\u00a0 In recent years we have made  significant investments in  policies to encourage and enhance domestic  manufacturing and production of  renewable energy as well as the use of  more efficient fuel sources.\u00a0 This  hearing will examine benefits  currently in place and discuss potential for new  incentives to further  drive job creation, economic growth, and reduce our  dependence on  foreign oil.\u201d<\/strong><\/span><\/span><\/p>\n<p><strong><span style=\"font-size: small;\"><span style=\"font-family: Arial;\">FOCUS OF THE HEARING<\/span><\/span><\/strong><span style=\"font-size: small;\"><span style=\"font-family: Arial;\">:<\/span><\/span><\/p>\n<p><span style=\"font-size: small;\"><span style=\"font-family: Arial;\">The  hearing will examine the effectiveness of current energy tax policy and   identify additional steps that the Committee can take to ensure  continued job  growth in this area while at the same time advancing  national energy policy  focus on a discussion of current and proposed  energy tax incentives. <\/span><\/span><\/p>\n<p><\/span><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The House Ways and Means Committee will hold a hearing Wednesday on energy tax incentives and the green job economy.\u00a0 It will be webcast here. I&#8217;m on the 1 pm panel, the one The Hill says &#8220;will likely be a media circus because of the attention [T. Boone] Pickens usually draws.&#8221;\u00a0 Here&#8217;s the full witness [&hellip;]<\/p>\n","protected":false},"author":687,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-525868","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/525868","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/687"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=525868"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/525868\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=525868"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=525868"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=525868"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}