[Congressional Record Volume 159, Number 64 (Wednesday, May 8, 2013)]
[House]
[Page H2492]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




               INVEST IN SUSTAINABLE ENERGY TECHNOLOGIES

  (Mr. McNERNEY asked and was given permission to address the House for 
1 minute and to revise and extend his remarks.)
  Mr. McNERNEY. Mr. Speaker, I rise today on behalf of the Safe Climate 
Caucus to highlight the fact that investing in sustainable energy 
technologies won't only move the Nation towards a clean energy future, 
but it will also grow our economy.
  In order to prevent the worst impacts of climate change, we must 
transition to lower carbon energy systems. Making the necessary 
investments in the Nation's smart grid is one way to facilitate this 
transition. Smart grid investments are already producing real economic 
benefits.
  The Department of Energy recently released a report on the economic 
impact of Recovery Act investments in the smart grid. The report found 
that for every million dollars of direct spending on smart grid, the 
Nation's GDP increased by $2.5 million. In addition, a wide variety of 
industrial sectors have benefited from these smart grid investments.
  Mr. Speaker, climate change is a real threat to our way of life, and 
there's no time to waste. Fortunately, if we take action now, we can 
cut pollution while growing our economy.

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