[WASHINGTON, DC] Today, Rep. Dan Lipinski (D-IL) helped pass sweeping energy legislation that will revolutionize America’s energy economy by freeing the United States from its dependence on foreign oil, creating millions of new jobs, and reducing the threat of climate change. The Renewable Energy and Job Creation Act of 2008 (H.R. 6049) would provide nearly $20 billion in tax incentives for renewable energy, carbon capture and sequestration projects, energy efficiency, and conservation.
“America’s current use of energy threatens our pocketbooks, our environment, and our national security,” said Rep. Lipinski. “Americans are ready to chart a new, diverse energy future where we use domestically-produced, clean, renewable fuels in the most efficient manner possible. This bill will get us to that brighter future.”