RELEASE: Clean Energy Companies and Leaders Celebrate House-Passage of Inflation Reduction Act
(Washington, D.C.) – Today, over two dozen clean energy companies and leaders applauded the U.S. House of Representatives for passing the Inflation Reduction Act and its job-creating, cost-cutting investments in clean energy tax credits. The companies’ statements are below (listed alphabetically by company name).
Arrival Automotive, chief executive officer, Mike Ableson: "On the road today, medium and heavy-duty vehicles are emitting a disproportionate amount of harmful air and carbon pollution. The Inflation Reduction Act enables game-changing investment to accelerate the production and adoption of commercial electric vehicles built here in the U.S. This will help to clean our air, tackle the urgent climate crisis, and create new good-paying American jobs."
BlocPower, founder, Donnel Baird: “With this bill, the United States will jump to the front of the global pack to lead the global fight against climate change and fossil fuels. Low income communities, subjected to multiple decades of disinvestment, will leapfrog fossil fuel infrastructure and move directly to clean energy upgrades. Millions of jobs will be created—jobs that can’t be outsourced, and will engage millions and millions of Americans in the existential fight for the next two generations—our fight for survival in the face of climate change! Let’s f$&@ing go!!!”
CleanCapital, co-founder and chief executive officer, Thomas Byrne: “We applaud Congress for passing the Inflation Reduction Act, capitalizing on this once-in-a-generation opportunity to solidify U.S. commitment to climate goals, enhance our nation's energy independence, lower electricity costs, provide high-paying jobs, and reduce pollution in communities. This bill is a win for all Americans. CleanCapital, as a leading clean energy investment platform, has long known the power of renewables to accelerate our country’s progress. We are excited to witness Congress lend significant support to the long-awaited clean energy transition."
Clean Energy Services, chief commercial officer, Kevin Doffing: “When this bill passes, it will further accelerate the booming renewable energy sector. This bill offers more opportunities to Americans to join the energy transition with good paying, stable jobs in an industry lifting up our society. As an energy services company, we expect this to accelerate workforce development for our industry especially in rural communities where our projects are developed and where there is currently a lack of economic opportunities for our fellow Americans. We can’t wait to get more people involved in the energy transition building the future together.”
Clean Energy for America, executive director, Andrew Reagan: “Alongside the country's 3 million member clean energy workforce, we celebrate the House’s passage of the Inflation Reduction Act, a $369 billion investment in America’s workers and energy customers. Today is the result of a lot of hard work from policymakers, business leaders and advocates, and it’s a tremendous step forward for the country’s clean energy transition and climate goals. These investments will put money back in families’ wallets, create thousands of good-paying jobs, and cut pollution. We look forward to President Biden signing this bill into law swiftly.”
ESS Tech, Inc. (ESS Inc.), chief executive officer, Eric Dresselhuys: “The House and Senate have now agreed on an historic piece of legislation that will strengthen our country’s energy security and address the global challenge of climate change with strategic, long-term investments in clean energy and energy storage,” said Eric Dresselhuys, CEO of ESS Inc. “The provisions in the Inflation Reduction Act will build clean energy infrastructure and create good-paying energy and manufacturing jobs here in America. In the long term, the incentives in the bill will support an inflation-resilient energy economy powered by clean, renewable energy and made more reliable by American manufactured long-duration energy storage. ESS is committed to deploying advanced American energy storage technology to enable the transition to a clean, decarbonized energy future.”
Fluence, vice president of growth, Kiran Kumaraswamy: “The passage of the Inflation Reduction Act today represents a paradigm shift in the energy transition, with incredible potential for the United States to continue its leadership in changing the way we power our world. We now have certainty that energy storage projects will qualify for the ITC on a stand-alone basis in the same manner as wind, solar, fuel cells, and other clean energy projects. Whether energy storage is co-located with a renewable facility or deployed at a separate location, the power system benefits either way in the form of reliability, efficiency, and reducing emissions. As the leading global provider of energy storage products, services, and digital applications for renewables and storage, Fluence applauds this important step that will help accelerate storage deployment and renewable energy integration while creating local, good-paying clean energy jobs and a resilient electrical grid.”
Ideematec, president and chief executive officer, Philipp Klemm: “Ideematec celebrates the historical passing of the Inflation Reduction Act, which includes the largest investment in clean energy and the environment in U.S. history. It's not only a huge win for US leadership on climate action, but will become the basis of tremendous local job growth in our industry. Investments in a more reliable grid will allow millions of Americans to participate in the clean energy transition and will also provide widespread access to low-cost clean energy. This is a giant step forward for the U.S. and it signifies our commitment to stand united with global allies on our common goal to lower carbon emissions for future generations.”
Invaleon Solar, chief executive officer, Tom Wu: “While I share Senator Sanders’ frustration with the many ways in which the Inflation Reduction Act was diluted, there is still cause to be hopeful that this is just the first step in even broader and more comprehensive legislation to come that will safeguard our environment for future generations. Invaleon Solar is committed to developing and building the multi megawatts of solar needed to reverse the anthropogenic damage already done, but we will require the partnership of elected leaders who are not afraid to fight back against climate change denialism despite strong political headwinds.”
KORE Power, chief executive officer, Lindsay Gorrill: “The Inflation Reduction Act is the strongest commitment to date from the federal government to accelerate the good jobs and American innovation that can only come from a strong, domestic, clean energy manufacturing sector. Over the last three years, disruptions and shortages driven by the pandemic, international conflict and runaway inflation have amplified the need for a robust domestic supply chain to produce products and tools needed for a safe, clean, reliable energy future, on demand and on time. We thank Arizona Senators Kyrsten Sinema and Mark Kelly for their support of this critical climate action legislation and look forward to advancing the KOREPlex in Buckeye, which will produce American lithium-ion cells, with American workers for the clean energy and clean transportation sectors.”
LanzaJet, chief executive officer, Jimmy Samartzis: "The US is poised to lead the world in the energy transition and this legislation is a leap forward advancing energy security, economic development, and climate action. LanzaJet applauds Congress for leading through action, and the inclusion of a performance-based Sustainable Aviation Fuel (SAF) tax credit positions the US to lead in the development of a new, global sustainable fuels industry.”
Mosaic, founder and chief executive officer, Billy Parish: “The Inflation Reduction Act is an absolute game changer — it is the largest investment in clean energy and our environment in U.S. history. It will benefit millions of people in hundreds of communities across the country — while simultaneously eliminating a gigaton of carbon emissions. Thank you to everyone who helped to get this passed into law. It further strengthens the clean energy industry, boosts our economy and creates a better and cleaner future for our country and planet. At Mosaic, we've helped nearly 1 million people prosper from clean energy by providing easy access to affordable financing options for sustainable home improvements. Passing this bill pushes us another step closer to helping the next million people."
NovaSource Power Services, chief executive officer, Troy Lauterbach: “The passage of the Inflation Reduction Act is the most significant milestone to date in transitioning our energy generation sources away from a carbon-based into a sustainable, renewable, carbon free economy. NovaSource commends the national leadership for aligning policy with the clear signals being sent by the private sector leaders in leading the world in transitioning to a 24x7 carbon-free energy generation.”
Novel Energy Solutions, founder and chief executive officer, Cliff Kaehler: “We applaud our elected officials for passing the Inflation Reduction Act for the benefit of urban, rural, and future U.S. citizens. We all know we cannot continue to use energy the way we did in the past. We moved from coal to gas and diesel, and now we are accelerating the move to clean renewable energy. As a solar developer and farmer with roots in a rural, Midwest, small town, we see the benefits available to everyone, from rural landowners to urban consumers. This will bring good paying jobs, cleaner air, electricity savings, and less carbon for a better future. The time is now to make the transition to clean energy.”
OMCO Solar, director of business development, Eric Goodwin: "The Inflation Reduction Act will catapult the renewables sector forward, impacting every state in the nation. Here in Arizona, for instance, where our main solar manufacturing plant is based, the solar industry supports 8,300 local jobs among 300 businesses. Bold investments in clean energy such as the IRA can curb rising electricity prices and strengthen Arizona’s economy by attracting thousands of additional jobs and businesses. Specifically, within our segment, the tracker components we develop – the torque tube and structural fastener – are included in this legislation. Furthermore, SEIA has suggested that the tax credits in the IRA could spur upwards of 30 GW of new solar panel manufacturing capacity in the United States, which is good news for OMCO Solar, our valued partners, and our nation. With our long history and capacity as a domestic manufacturer, we will be well-positioned to continue serving our partners with tracker and racking design expertise and the shortest lead times in the industry.”
Proterra, chief executive officer, Gareth Joyce: “Accelerating a clean transportation future is an obligation we have to future generations and an opportunity for America to be at the forefront of the innovations that will drive the 21st century. Commercial vehicles are the workhorses of our economy, but disproportionately contribute to the pollutants in the air we breathe and that threaten the planet. By directing historic investment towards zero-emission, electric commercial vehicles and advanced battery manufacturing in the U.S., the Inflation Reduction Act will help realize the promise of a just and sustainable future for all.”
Qcells North America, head of market strategy and public affairs, Scott Moskowitz: “Passage of this legislation marks a turning point for clean energy manufacturing. This bill will result in billions of dollars in investment, it will make our supply chains more resilient, our energy more affordable, and dramatically lower carbon emissions. We look forward to expanding our factories and hiring thousands of U.S. manufacturing workers. The United States is now on track to turn the climate crisis into a once-in-a-generation opportunity.”
Scale Microgrid Solutions, chief operating officer, Tim Hade: “Passing this legislation is a tremendous accomplishment. It not only positions our country to lead a global response to the climate crisis, but will also create significant economic opportunities for millions of Americans. We’re so grateful to the thousands of businesses, activists, and political leaders who came together, set their differences aside, and made this happen. Today, we made the world a better place.”
Sealed, co-founder and chief executive officer, Lauren Salz: “The House’s passage of the Inflation Reduction Act is truly a cause for celebration. It has the potential to make huge climate progress and transform residential energy, by addressing head-on both of the biggest barriers to scaling home efficiency and electrification: consumer awareness and costs. With support for home weatherization, heat pumps, and other efficient electric upgrades, the IRA will accelerate the decarbonization of America’s 124 million residential buildings, which contribute 20% of national GHG emissions. Because the needed retrofits can be accomplished with off-the-shelf technology, we anticipate swift progress toward what could ultimately be a 50% reduction in residential carbon pollution. Time to get to work!”
Sense, chief executive officer, Mike Phillips: “The Inflation Reduction Act will provide millions of Americans with access to rebates and tax credits that make it easier for them to electrify their homes and install energy efficient technology that reduces their energy bills as well as their carbon footprint. Our team at Sense applauds the passage of this critical legislation and is ready to meet the historic moment by providing consumers with the real-time energy insights needed to manage energy use, save money and help accelerate the transition to an electrified, low-carbon economy.”
Solstice, co-founder and chief executive officer, Steph Speirs: “We are thrilled to celebrate today's passage of the Inflation Reduction Act, and even more eager to see its impacts ripple through communities across America. What we do today will determine what kind of world we live in tomorrow, and today, Congress has provided critical support for a more sustainable and just tomorrow. We at Solstice can't wait to accelerate our work to bring accessible clean energy to more households and organizations, especially those in underserved communities, for an inclusive clean energy transition.”
Sunnova, founder and chief executive officer, William J. (John) Berger: “This is a tremendous achievement by the House. The Inflation Reduction Act allows the United States to take long overdue action on climate change in the form of the most impactful federal clean energy policy our country has ever seen. It will help develop domestic manufacturing to create thousands of new jobs and protect our national security by allowing us to reduce our dependence on foreign supply chains, cut energy bills for all Americans and boost our economy, all while combating the climate crisis. This marks a significant inflection point in our country’s history."
SunPower, senior director and head of policy and strategy, Suzanne Leta: “We are committed to make sure technology and clean energy sources that have the potential to reduce and eventually eliminate our reliance on fossil fuels are accessible to everyone. We have always fought for that core mission, but that trajectory now has the potential to change dramatically. The mission we are on is urgent, and the passage of this historic legislation in Congress will help bring us to a reality where the benefits of clean energy are available to as many people as possible faster.”
Sunrun, chief executive officer, Mary Powell: “What a historic moment for our country! Sunrun applauds everyone in Congress and the Biden Administration who helped accomplish this major step forward for humanity. The Inflation Reduction Act will combat inflation, lower energy prices and help our country meet its climate goals. It will boost U.S. manufacturing, create millions of good-paying jobs, expand access and equity for those who need it most, and improve grid stability and resilience. The need for families to take control of their energy and for broader U.S. energy independence has never been clearer. All of us at Sunrun are focused on scaling as fast as humanly possible to provide customers with a more affordable, clean and resilient way to power their homes and lives.”
Twelve, vice president of project development, Andy Stevenson: “We’re pleased to see the Inflation Reduction Act’s bold and sweeping policy support for climate solutions across the entire economy, which will no doubt add even greater momentum to critical deployments of innovative carbon management technologies. Twelve is working to close the carbon loop with our carbon transformation technology and progress towards a fossil-free world, but realizing that goal will take the advancement of climate solutions and collaboration among stakeholders in every sector. With the adoption of climate solutions accelerating, the market has clearly indicated its enthusiastic support for carbon management technologies, and this legislation will act as an accelerant to help us address emissions even more rapidly.”
UtilityAPI, chief executive officer, Devin Hampton: “With the passing of the Inflation Reduction Act, we are at the jumping off point our movement has been working so hard to get to. America is retaking its leadership position on the energy transition with real investments in our people and technologies. At UtilityAPI, we are excited to continue to enable our entire sector by providing the data infrastructure that is foundational to an equitable and sustainable energy future.”
Wilson Sonsini Goodrich & Rosati, partner, Bob O’Connor: “On behalf of the climate innovation and finance client-base that our law firm supports, we deeply appreciate everyone who made the Inflation Reduction Act a reality. This game-changing legislation will, for the first time, provide a long-term, stable, equitable, and technology-neutral market signal that will enable climate solution providers, and the investment community that finances them, to catalyze investment into and accelerate the development and adoption of the technologies and business models most critical to meet our global decarbonization imperative. Bravo!”
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CONTACT: Kris Fetterman, kris@sevenletter.com
Clean Energy for America: CE4A was formed to be a voice for the clean energy workforce, a new powerhouse of energy stakeholders, who overwhelmingly support ambitious action on climate to grow our economy and create jobs. Clean Energy for America is of, for, and by the rapidly emerging clean energy workforce. Led by some of the most influential leaders across the industry, CE4A has operations across the country, mobilizing the clean energy industry for grassroots engagement – carrying forward the momentum and demand for a clean energy economy.
