Photo of the U.S. Capitol dome

Wilson: “This is a comprehensive strategy to build that bridge to a 21st Century energy infrastructure.”

May 5, 2009
Press Release

FOR IMMEDIATE RELEASE
May 5, 2009

Congressman Joe Wilson (R-SC) issued the following statement today after joining with a bipartisan group of fellow members of Congress to introduce the American Conservation and Clean Energy Independence Act of 2009 (H.R. 2227).

“We have a tremendous opportunity here to put our nation onto a strong course of action that will mean America remains a leader in new energy technology and in the pursuit of a cleaner environment. I am extremely grateful to stand with my fellow members of Congress – individuals who represent diverse constituencies with diverse needs but all of whom see a way we can work together towards a common goal.

“This legislation will be particularly important to the citizens of South Carolina. It encourages the expansion and development of nuclear power. South Carolina has been a leader in the creation and use of nuclear energy. Additionally, a sizable portion of the royalties and revenues garnered from off-shore oil and natural gas exploration will be returned to the coastal states; and the tourism and hospitality industry that is so vital to our coastal communities will not be adversely affected because all off-shore activity will take place far beyond the line of sight.

“This legislation does not just make promises for cleaner energy or more affordable energy. It does not mandate or try to tax our way to a cleaner environment. This bill is the roadmap to a stronger energy future – one in which we pursue the development of new energy alternatives and renewable sources that will make our energy production and energy use affordable and clean. Above all, it pays for these innovations through the commonsense exploration and development of American oil and natural gas. This is a comprehensive strategy to build that bridge to a 21st Century energy infrastructure.”

Key Points about the American Conservation and Clean Energy Independence Act:

  • Does not raise taxes on American citizens
  • Opens up offshore resources of 20 miles or further from the coastline
  • Gives 30% of royalties and revenues to producing states
  • Includes loan guarantees for the production of commercial nuclear power plants
  • Provides for the disposition and recycling/reprocessing of spent fuel from nuclear power plants, and the financing of long term safe storage of spent fuel
  • Extends tax credits to help promote smarter energy use and incentives for businesses and individuals to develop cleaner energy products

For a complete summary of the American Conservation and Clean Energy Independence Act, please click here.

###