We Must Continue to Invest in Energy Efficiency and Renewable Power

CAP Senior Fellow Daniel J. Weiss testifies before the House Natural Resources Subcommittee on Energy and Mineral Resources. Read the full testimony (CAP Action)

Chairman Lamborn, Ranking Member Holt, and members of the subcommittee, thank you very much for the opportunity to testify today on “America’s Onshore Energy Resources: Creating Jobs, Securing America, and Lowering Prices.”

Wind, solar, geothermal, efficiency, and other forms of clean energy creates jobs—three times more per dollar of investment compared to oil and gas. These sources are secure—the wind and sun aren’t subject to human disruption. Energy efficiency saves families and businesses money. And renewable fuels are free and shielded from price spikes that occur when fossil-fuel prices rise.

Domestic oil and natural gas are valuable and important commodities. But their production creates fewer jobs compared to renewables. They heavily contribute to climate change, which Commander of the U.S. Pacific Command Adm. Samuel J. Locklear III recently said will “cripple the security environment.” They are vulnerable to sudden price volatility, like the high oil and gasoline prices of this winter. And producing more oil won’t lower gasoline prices.

It is imperative that we continue to invest in energy efficiency and renewable power for jobs, security, and family budgets.

CAP Senior Fellow Daniel J. Weiss testifies before the House Natural Resources Subcommittee on Energy and Mineral Resources. Read the full testimony (CAP Action)