“Putting people back to work must be a top priority for Congress, and reducing obstacles to renewed economic prosperity is an essential part of the recovery. It is imperative that Congress include direct pay as part of the full suite of solutions we need to rebuild a stronger and cleaner economy. By enabling direct payments of existing tax credits for renewable energy projects, this bill will give developers the resources they need to continue projects already underway, and drive momentum for future growth.”

“Representative Earl Blumenauer’s Renewable Energy and Investment Act will help ensure the American renewable energy industry regains the momentum it experienced before the start of the pandemic. EDF commends Rep. Blumenauer for his leadership in advancing incentives and investment in renewable energy.”

One of the world’s leading international nonprofit organizations, Environmental Defense Fund (edf.org) creates transformational solutions to the most serious environmental problems. To do so, EDF links science, economics, law, and innovative private-sector partnerships. With more than 3 million members and offices in the United States, China, Mexico, Indonesia and the European Union, EDF’s scientists, economists, attorneys and policy experts are working in 28 countries to turn our solutions into action. Connect with us on Twitter @EnvDefenseFund

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Ben Schneider
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