Boyle Legislation Included in House Climate Crisis Action Plan
WASHINGTON, DC – Today, Congressman Brendan F. Boyle (PA-02) announced that his legislation—the Innovative Energy Manufacturing Act (H.R. 5165)—was included in the House Select Committee on the Climate Crisis’ comprehensive congressional climate action framework. H.R. 5165 seeks to create clean energy jobs and invest in the future of American manufacturing in the effort to solve the climate crisis.
“I’m grateful that my bill to create clean energy manufacturing jobs was included in the House Climate Crisis action plan,” said Congressman Boyle. “The manufacturing sector continues to provide many good-paying jobs to middle class families. That’s why we must actively invest in the future of manufacturing as we look to rebuild our economy.”
The Innovative Energy Manufacturing Act will allocate an additional $2.5 billion to be awarded by the Secretary of the Treasury each year from 2020-2025 through Section 48C. Specifically, Section 48C provides a 30% credit for domestic companies that manufacture particular types of energy equipment (e.g. solar, wind, and geothermal energy equipment; electric cars; electric grids; energy conservation technologies; and equipment that combats greenhouse gas emissions).
The House Select Committee on the Climate Crisis was created at the outset of the 116th Congress to deliver policy recommendations to other House committees on how to solve the climate crisis. The Select Committee’s plan would put the country on a path to net-zero carbon pollution by 2050, if not earlier. It would power economic recovery through clean energy investment and family-sustaining jobs, and address the legacy of environmental injustice harming America’s low-income communities and communities of color.
The full Select Committee report is viewable here.