[Congressional Record Volume 158, Number 161 (Thursday, December 13, 2012)]
[House]
[Page H6768]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
{time} 0910
BUILDING FOR A CLEAN ENERGY FUTURE
(Mrs. CAPPS asked and was given permission to address the House for 1
minute and to revise and extend her remarks.)
Mrs. CAPPS. Sequestration would be a huge blow not only to middle
class families but also to our clean energy innovators and
entrepreneurs.
According to the Office of Management and Budget, sequestration would
impose an across-the-board cut of nearly 10 percent to critical clean
energy and innovation programs. That would mean a $148 million cut to
the Department of Energy's Energy Efficiency and Renewable Energy
Program alone. These cuts would tremendously damage our ability to
develop the clean energy technologies of tomorrow, technologies that
lead not only to lower energy bills for our constituents but also to
new businesses and middle class jobs. I see it every day in my
congressional district, where cutting-edge companies like LaunchPoint
Technologies and Transphorm use Federal funding to develop exciting new
ideas that would otherwise languish on the drawing board.
Mr. Speaker, the threat of sequestration and the fiscal cliff is very
real. It's time for us to come together and pass a balanced package
that continues building for a clean energy future.
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