STATEMENT: The House Promotes Low-Carbon Technology Exports

Statement by Winnie Stachelberg, Senior Vice President for External Affairs for the Center for American Progress

“I commend the work of the House Appropriations Committee earlier today in promoting the export of green American technology. Chairwoman Lowey and Reps. Israel and Schiff have done the country a great service by demonstrating the positive role that the federal government can play in guiding America and the world toward a low-carbon energy future. Their requirement that the Export-Import Bank dedicate no less than 10 percent of its financing to low-carbon technology projects could result in an estimated $1 billion in additional green exports in 2008. This is the kind of commonsense solution to our energy and climate crisis that the American people have been looking for, and it is one that we at the Center for American Progress have strongly supported for the past year.”