[Congressional Record Volume 168, Number 90 (Tuesday, May 24, 2022)]
[Senate]
[Pages S2645-S2646]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
Solar Energy
Mr. BENNET. Mr. President, I am here today to spend a few minutes on
an issue that is profoundly important to Colorado and, I would say, to
the Presiding Officer's State, as well, without being presumptuous, New
Mexico, our neighbor to the south.
In March, the Biden administration launched an investigation into
whether China is evading solar tariffs. That may seem fine on its face,
but, in reality, it has taken a sledge hammer to the solar industry in
Colorado and all across the country.
There are over 330 solar companies in my State. They have created
nearly 7,000 jobs and driven close to $5 billion of investment. Our
companies are leading the Nation. Last year, we nearly quadrupled our
deployment of solar capacity compared to 2017, and before the Biden
administration's investigation, we were projected to double or even
triple that capacity.
Washington should be lifting up Colorado's success as exactly the
kind of progress we need to achieve net zero emissions by 2050, which
we have to do. Instead, the Commerce Department's investigation is
driving our solar industry out of business, because it could end with a
massive expansion of tariffs that could drive up costs and cripple that
sector.
Worse, the administration has said they might even apply these
tariffs retroactively. Think about that. If you are a solar company in
Colorado, you are already dealing with supply chain delays, you are
already dealing with labor issues, and you are already dealing with
rising prices and continued uncertainty over the clean energy tax
credit, because this place can't get its act together to pass
legislation that can give certainty to American business.
And now, on top of all of that, you face the prospect of your own
government sending the price of your supplies through the roof when you
need that least.
Businesses can't make decisions with that kind of uncertainty.
Investors hate that level of uncertainty. And these aren't talking
points. This is the reality on the ground.
In Colorado, the price of solar panels is already up 30 to 50
percent, and we know Colorado families are ultimately going to bear
that cost, and that it is going to slow our energy transition. Many of
our solar companies have begun hiring freezes. Some are considering
major layoffs. Construction workers are losing hundreds of thousands of
hours. Investors are pulling out of major projects. It has put hundreds
of millions of dollars and thousands of jobs at risk, which is why I am
here to ring this alarm.
More than 90 percent of solar companies surveyed in Colorado report
``severe'' or ``devastating'' harms to their businesses from this
investigation by the Commerce Department.
In my State, we have major solar projects that are frozen in place,
and if this continues, they may never move forward at all. A lot of
these projects are in rural counties that are counting on the projects
being built for jobs and tax revenue. This is the last thing they need
from Washington.
A 200-megawatt solar project in Pueblo was just canceled since the
developer can't get the components they need. Another 150-megawatt
project in northern Colorado has been delayed. A community solar
developer told me they have canceled all of their new construction for
the rest of the year.
Utilities in my State, like United Power and Tri-State, are ready to
support hundreds of megawatts in new projects, but our solar companies
can't submit bids because they don't have the certainty to do it.
One 80-megawatt project in Watkins is demobilized as they wait for
solar panels. A project at Denver International Airport is indefinitely
delayed, and I have heard story after story like this since this
Commerce Department decision to have this investigation was made.
If you add it all up, this investigation has put at least 870
megawatts of new solar capacity at risk in Colorado, and it has put
more than 50 gigawatts at risk across the entire country. That is
enough to power nearly 10 million homes.
I cannot understand why the Biden administration is doing this. You
can't say, on the one hand, we want to rapidly deploy clean energy and
then use the other hand to stick a dagger in American solar. You can't
say we are going to fight climate change and then punch American solar
in the gut.
Last year, electricity generation from coal increased--increased--in
this country for the first time since 2014. And at the same time that
is happening, now what we are going to say is that we are going to cut
the deployment of solar panels by a third or by half, as a result of
this?
It is crazy. The administration should have viewed that alone--the
fact that coal is up for the first time since 2014--they should have
viewed that alone as a reason to increase our investments in clean
energy, not pursue an investigation that is sabotaging one of the
fastest growing sectors in Colorado and across the country.
I also don't understand why the administration would do this at this
time when we have to find a way to replace Russian oil because of what
Putin has done in Ukraine, and we should be replacing that with our own
oil production and with our reserves in this country.
But you would think that supporting American solar would be on the
top of the list as one of the best things we can do to diversify our
energy and protect our security. Instead, the administration has
paralyzed the industry with this investigation. It is a self-inflicted
wound on America's clean energy leadership, our energy security, and
our economy at the worst possible moment.
I have said this before, and I will say it again. I deeply believe
that we need to restore critical supply chains, not
[[Page S2646]]
just for solar but for so many areas that are critical to our economy.
I think the era where we told ourselves the story about why we were
privileging people who wanted to make stuff as cheaply as possible in
China instead of privileging other important things, like protecting
our supply chains, like protecting our national security, like having
an economy that, when it grows, grows for everybody, not just the
people at the very top--we have an incredible opportunity to bring
these supply chains home in order to do that.
I think reshoring is an essential part of an economy, as I say, that
works for everybody, not just those at the top, but that is going to
take time, and we can't drive people out of business today when we
don't have that supply chain in place. Until then, until we do have it
in place, we can't cripple America's solar industry. That can't be our
policy. That can't be the right answer.
I am sure if the Biden administration understood the facts on the
ground, it wouldn't be doing what it is doing. The least the
administration could do is lift the uncertainty off the solar industry
by coming out and saying: We are dropping this investigation. In fact,
they should have said: We are going to boost American solar--that is
what we should be doing--by extending the clean energy tax credits and
giving businesses certainty over the long term. On top of that, what we
should be doing is strengthening the credits. And then we are going to
do everything we can to take every action that we can to clear the path
for American solar deployment--wind and other types of clean energy--to
accelerate our transition.
That is what they should say. Unlike this investigation, that would
be welcome news in Colorado and, I would say, almost everywhere across
the country.