WASHINGTON (Feb. 12, 2018) – The Trump Administration unveiled its draft for the FY19 budget, once again focusing on cutting or eliminating programs that drive investment into innovating technologies, that help American entrepreneurs building businesses across the country.
The following is a statement from Grant Carlisle, advocacy director of the national, nonpartisan business group E2 (Environmental Entrepreneurs):
“This Administration just does not get it. Cutting programs that increase the use of energy efficiency would eliminate savings for businesses and consumers alike. Cutting programs that help drive innovation in energy and vehicles technologies would undercut our ability to compete with China and Europe – and eliminates American jobs.
“While no one should be surprised anymore that this administration confuses cutting R&D funding for improving U.S. global competitiveness, the fact that Trump would put businesses and millions of clean energy workers at risk with this proposal is no less appalling.
“America can’t lead in clean energy or vehicle technologies if it ignores the fastest growing energy sources and punishes businesses developing them. U.S. companies can’t invest in new technologies if we don’t fund the research that takes them from demonstration to commercialization. This budget is cutting costs by refusing to invest in the future. Our businesses, workers and consumers will pay the price.”
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To speak with E2 members and business leaders across the country who stand in opposition to repealing standards on methane emissions, please contact Michael Timberlake at (202) 289-2407 or [email protected].
Additional Information:
- Clean Jobs America Factsheet: Clean energy currently supports more than 3 million American jobs.
- January 31, 2018 E2 Statement on Trump’s Leaked Budget Proposal.
- List of E2 members active on Twitter.
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Environmental Entrepreneurs (E2) is a national, nonpartisan group of business leaders, investors, and professionals from every sector of the economy who advocate for smart policies that are good for the economy and good for the environment. Our members have founded or funded more than 2,500 companies, created more than 600,000 jobs, and manage more than $100 billion in venture and private equity capital. For more information, see www.e2.org or follow us on Twitter at @e2org.