U.S. Chamber of Commerce (via DocUticker)
Karen Harbert, president and CEO of the Institute for 21st Century Energy at the U.S. Chamber of Commerce, today told lawmakers that while targeted tax incentives can play a role in fostering deployment of clean energy, there are other instruments that may prove to be more impactful and less expensive over time.
In testimony before the House Ways and Means Committee today about Energy Tax Incentives and the Green Job Economy, Harbert noted that in addition to fiscal tools, other weapons in the policy arsenal should be used to tackle our energy challenges.
"As we examine energy policy, it is more important than ever that we look to options that don't further burden the taxpayer or jeopardize energy security and offer the greatest return on investment to our economy," Harbert said. "It is important to realize that tax incentives are only one avenue to foster the deployment of clean technologies, and there are other instruments which, in some situations, may prove more impactful and less expensive over time."
