First Things First
The Most Significant Climate and Energy Legislation in a Decade
Energy and climate innovation could be the basis for bipartisan success in Washington. Here’s what’s happening.
Last week, Senators Lisa Murkowski, R-AK, and Joe Manchin, D-WV, released the
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American Energy Innovation Act (AEIA), a bill promoting potentially game-changing technologies to reduce carbon emissions while supporting a strong economy.
Innovation is the most sustainable path forward. Companies want to fight climate change, but the technologies they need still aren’t there yet.
The bill would help develop and commercialize the most promising innovations for reducing emissions efficiently and on a global scale. They include advance nuclear, energy storage, and carbon sequestration and utilization.
This would put U.S. industry in a great position to deliver these technologies to the rest of the world, supporting the next generation of good-paying jobs.
“The Senate has an opportunity to pass the most significant climate and energy legislation in well over a decade,” said Marty Durbin, President of the U.S. Chamber’s Global Energy Institute. “Solutions to climate change will require new technology, and America has the opportunity to develop, demonstrate, and deploy the technologies that will stimulate progress around the globe.”
Learn more about these technologies at the Global Energy Institute’s
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EnergyInnovates initiative.
Diving In
For the latest on the coronavirus outbreak and its effects on business and our economy, as well as additional resources, check out this
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Quick Take on the U.S. Chamber’s Above the Fold blog .
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Caught My Eye
Nominations for the Dream Big Awards presented by Chase for Business are now open. Nominate a small business that you think deserves to be the small business of the year. Or if you’re a small business owner, apply yourself.
The winner will be announced at the CO— Summit for Small and Growing Businesses on October 14-15, 2020.
Learn more
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here .
The Big Picture
U.S. Chamber CEO Tom Donohue (center) led a press conference on the coronavirus with executives from the travel, hotel, and retail industries.
“Now is not the time to panic. Fear and panic undermine our ability to contain the virus, minimize disruptions to daily life, and keep our economy humming along,”
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Donohue said . “Americans should continue to monitor the situation, but feel confident as they go about their daily lives, head to work, conduct meetings, or drop their children off at school.”
Looking Ahead
March 16, 2020: The U.S. Chamber will host the
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Transatlantic Business Works Summit , highlighting the benefits of the world's largest bilateral trade and investment relationship. The event attracts policymakers, thought leaders, business executives from the U.S. and Europe.
April 7, 2020: The U.S. Chamber of Commerce's
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Cyber Series powered by FICO will be in Ann Arbor, MI. The event will discuss growing cyber threats and the importance of cyber insurance as a risk mitigation / risk transfer tool for organizations of all sizes.
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U.S. Chamber of Commerce
1615 H Street, NW
WASHINGTON, DC, 20062, US