Rep. Pallone Issues Opening Statement at Energy Hearing on Offshore Wind
- Oct 22, 2021 4:17 pm GMT
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Today we are going to discuss the growing potential of the offshore wind industry to power American homes with clean energy. The industry's growth also provides us a real opportunity to revitalize manufacturing and port communities throughout the nation.
This hearing is not only important, but timely. Earlier this year,
This is not only critical to our efforts to combat the climate crisis, but it would also mean major investments in domestic manufacturing and supply chains, including
In fact, communities across the nation are already seeing the incredible benefits of investing in offshore wind, and nowhere is that truer than in my home state of
But to be clear, the economic benefits of offshore wind won't just accrue on the coasts, they will impact communities across the country. A study released last week estimated that achieving the
Offshore wind also holds significant promise for American workers. Achieving the
The offshore wind industry has great potential for growth, and that's particularly important in a rapidly changing world where fossil fuels are increasingly unreliable and subject to huge price swings. We've witnessed this from the global volatility of oil and gas prices, from the unreliability of gas during the Texas Winter storm, and from the hack of the Colonial oil pipeline. Doubling down on existing fossil fuel infrastructure makes little sense. We must invest in mechanisms that reliably bring energy to consumers.
That is why I am proud that the Build Back Better Act passed by this Committee last month included significant funding for transmission, including for offshore wind. I look forward to hearing from our witnesses about the measures the federal government can take to ensure we build a backbone transmission system capable of delivering reliable offshore wind energy to American households and businesses.
Rapidly expanding offshore wind will be critical to decarbonizing the power sector. I am excited about the progress in
I welcome all four of our witnesses here today, including a former member of my staff.
I look forward to our overall discussion today.
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