Statement by Todd Foley, Senior Vice President, Policy & Government Affairs, American Council on Renewable Energy (ACORE)
Washington, D.C., May 7, 2018 – “The House Subcommittee on Energy and Water Development’s spending bill reducing important investment in renewable energy research and development (R&D) tips the scale to fossil fuels and nuclear at a time when the rest of the world is doubling down on renewable energy investment. While we are still early in the appropriations process, we urge Congress to strike a more balanced approach in the nation’s energy R&D spending and acknowledge the growing role for renewable energy and storage as part of the nation’s energy mix.”
The American Council on Renewable Energy (ACORE) is a national non-profit organization that unites finance, policy and technology to accelerate the transition to a renewable energy economy. Founded in 2001, ACORE is the focal point for collaborative advocacy across the renewable energy sector, supported by hundreds of members spanning renewable energy technologies and constituencies. Every year, ACORE convenes top business leaders and policymakers at its annual forums on finance, policy and grid technology in New York, Washington, D.C. and San Francisco. For more information about ACORE, please visit www.acore.org and follow @ACORE on Twitter.
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