Manchester, NH – March 12, 2014 – (RealEstateRama) — With growing momentum in Congress to pass energy efficiency legislation, U.S. Senator Jeanne Shaheen (D-NH) touted the economic and environmental benefits of her bipartisan Energy Savings and Industrial Competitiveness Act (ESIC)this afternoon at the Environmental Business Council’s (EBC) New Hampshire Chapter Luncheon in Manchester. Shaheen updated EBC members, business leaders and environmental advocates about her renewed efforts to pass a new version of the Shaheen-Portman ESIC legislation she recently reintroduced with Senator Rob Portman (R-OH). The reintroduced Shaheen-Portman legislation is backed by Republicans and Democrats, businesses and industry leaders, and environmental advocates and will drive job creation, consumer savings and reduce pollution.
“Efficiency is the cheapest and fastest way to address our nation’s energy challenges,” Shaheen said. “There is a growing set of leaders all around the country who want to see energy efficiency policy enacted and I hope we can pass my bipartisan bill to create jobs, save billions, and reduce pollution.”
Shaheen has been a leader on energy efficiency policies since her time as Governor of New Hampshire when she established the New Hampshire Building Energy Conservation Initiative. Earlier this month, Shaheen reintroduced the widely supported bipartisan Shaheen-Portman legislation, incorporating 10 bipartisan amendments into the bill that will help the United States transition to a more energy-efficient economy while driving economic growth and private sector job creation.
A study by the American Council for an Energy-Efficient Economy (ACEEE) estimates that the reintroduced Shaheen-Portman bill will create more than 190,000 jobs, save consumers $16.2 billion a year, and cut CO2 emissions and other air pollutants by the equivalent of taking 22 million cars off the road – all by 2030. Last week, the House of Representatives passed energy efficiency legislation with provisions that are also included in Shaheen’s bill.