Climate change poses a profound threat to our way of life, and Richie understands the urgency of the need for solutions.
One of his top priorities as Chairman of the Ways & Means Committee is making the environment we share cleaner and safer, while also promoting renewable energy that creates thousands of jobs in the process. That’s why he held the first Ways & Means hearing on climate change in over a decade. It's why he cosponsored the Climate Action Now Act, which would enter the US back into Paris Climate accords, and set hard limits on carbon emissions. And it's why he negotiated directly with Canadian President Trudeau and Mexican President Lopez Abrador to create a trade agreement that includes tougher and more enforceable environmental policies.
As Chairman, Richie is also a champion of the GREEN Act, which would be Congress’s largest tax investment ever in combating climate change and promoting clean energy. The act extends current renewable energy tax incentives, and creates new models to increase the use of green energy while reducing greenhouse gas emissions. The bill will:
Promote the use of green energy technologies and incentivize the reduction of greenhouse gas emissions through new and existing tax benefits.
Increase energy efficiency and green energy use in both residential and commercial buildings.
Support the use of zero-emission transportation and supporting infrastructure.
Invest in a green workforce through energy credits for manufacturers.
Advance environmental justice through tax credits for research and academic programs.