FOR IMMEDIATE RELEASE
BICEP Backs Bipartisan Energy Efficiency Legislation
U.S. Business Leaders Urge Quick Passage of Shaheen-Portman Bill, Emphasizing Economic and Climate Benefits of Improved Efficiency
Today, BICEP (Business for Innovative Climate & Energy Policy), a project of Ceres, announced its support for the Energy Savings and Industrial Competitiveness Act S.1000, re-introduced this morning by Senators Jeanne Shaheen (D-NH) and Rob Portman (R-OH).
The bill would, among other things, strengthen national building codes for energy efficiency in new buildings, stimulate private investment in efficiency upgrades through a financing initiative, increase manufacturing and supply chain efficiency including through the establishment of a new DOE program – SupplySTAR – and boost energy efficiency in federal facilities and operations.
“Energy efficiency is a proven job creator, and it saves homeowners and businesses money, which strengthens the overall economy,” said Anne Kelly, Director of BICEP. “Efficiency measures also take effect faster than many other energy policies, and the Shaheen-Portman bill is a solid step forward toward tackling the challenges of climate change. We urge members of Congress to pass this legislation quickly so that citizens and businesses can begin to see its benefits as soon as possible.”
This statement of support follows the launch of BICEP’s “Climate Declaration,” which was signed by 33 major U.S.-based businesses, urging federal policymakers to take action on climate change. The Declaration asserts that a bold response to the climate challenge is one of the greatest American economic opportunities of the 21st century, though carbon-cutting U.S.-based initiatives like energy efficiency.
Over the course of an ongoing campaign, other leading businesses, as well as individuals, will be encouraged to sign the Declaration and join the call to action. A full list of signatories is available at climatedeclaration.us.
Ceres is an advocate for sustainability leadership. Ceres mobilizes a powerful coalition of investors, companies and public interest groups to accelerate and expand the adoption of sustainable business practices and solutions to build a healthy global economy. Ceres also directs the Investor Network on Climate Risk (INCR), a network of 100 institutional investors with collective assets totaling more than $11 trillion. For more information, visit http://www.ceres.org
BICEP (Business for Innovative Climate & Energy Policy), a project of Ceres, is an advocacy coalition of businesses committed to working with policy makers to pass meaningful energy and climate legislation enabling a rapid transition to a low-carbon, 21st century economy – an economy that will create new jobs and stimulate economic growth while stabilizing our planet’s fragile climate. BICEP is a project of Ceres. For more information and a list of member companies visit: http://www.ceres.org/bicep