FOR IMMEDIATE RELEASE – May 12, 2010
U.S. Chamber Statement on American Power Act
WASHINGTON, D.C.—R. Bruce Josten, U.S. Chamber of Commerce executive vice president of Government Affairs, made the following statement in response to the American Power Act introduced today by Senators John Kerry and Joseph Lieberman:
“The Chamber supports efforts to address energy security and climate change, and believes that any legislation must be comprehensive and bipartisan, and take into account a wide spectrum of issues including American jobs and our economy. We thank Senators Kerry and Lieberman, as well as Senator Graham, for their work to constructively engage the business community on these issues.
“The Kerry-Lieberman bill is a work in progress. Few in Congress or the business community have had a chance to review the entire bill. Once all the details of the bill are known, the Energy Information Administration (EIA) and the business community will need sufficient time to analyze the bill to ascertain its effects on the economy, jobs, the environment, and energy markets.
“As we undertake our own analysis of the legislation, the Chamber will work with our diverse membership to assess its impact on the business community. It will be critical to determine how this bill will impact a broad range of industries as well as America’s energy security.”
The U.S. Chamber of Commerce is the world’s largest business federation representing the interests of more than 3 million businesses of all sizes, sectors, and regions, as well as state and local chambers and industry associations.