Addressing climate change is one of the most critical global issues of our time, and immediate action is required by policymakers, businesses, and consumers to build a cleaner and more sustainable future for our planet. TechNet supports sound environmental justice policies that address this crisis based on global geopolitical engagement, cooperation, and accountability. TechNet further supports advanced energy policies that foster and promote a climate for innovation while providing safeguards against inaction and mitigating the impact of new regulations on the economic prosperity of our nation and the world. TechNet member companies take responsibility for their role in addressing this dire issue and are committed to leading by example through innovation and sustainability efforts while driving the public policy discussion toward a cleaner, brighter, and more energy efficient future.
TechNet supports technology-neutral, market-based policies that address the climate crisis and that accelerate the deployment of low and zero-carbon energy technologies; promote innovation; bring competition to the renewable energy market; foster clean transportation; and mark success through scientific benchmarking and successful policy development supporting a new climate future.
TechNet calls for the following actions:
· The federal government should set targets for climate action that limit warming to no more than 1.5 degrees Celsius by the year 2050. These targets should be binding and should also have robust interim targets.
· The federal government should align its energy, tax, and procurement policies to address both the causes and consequences of climate change by reducing greenhouse gas emissions and promoting energy resiliency to climate change-induced extreme weather.
· Policies should be developed so that in this transition, communities are not left behind. Policymakers should focus on ensuring that all communities are able to also benefit from the transition to a clean energy and transportation economy.
· There should be specific policies that promote the adoption of hydrogen for hard-to-decarbonize sectors like heavy-duty transport, steelmaking, and other chemical and industrial processes.
· There should be renewed investments made on climate infrastructure and clean transportation and incentive programs to encourage their development.
· We should invest state and federal resources in climate science, technology research, and development efforts to build a pathway forward through innovation.
· The federal government should improve how it purchases energy by working with the private sector to source clean, reliable, and resilient electricity.
· A robust energy agenda that will spur the development and deployment of clean energy resources.
· Tax incentives to promote the adoption of low and no emissions technologies like the Section 48 investment tax credit, the Section 45 production tax credit, and the Section 45Q credit for carbon capture utilization and storage.
· Policies that enable the adoption of zero emissions light and heavy-duty vehicles.
· Non-discriminatory policies that further the use of advanced technologies in energy markets.
· Policies that promote market competition by enabling interconnection of distributed energy resources.
· Adoption by the federal government of advanced energy technologies and clean transportation that can improve the mission assurance of federal agencies.
· The implementation of grid modernization technologies as well as electric and clean transportation and charging infrastructure.
· Forward-looking policies that ensure open access to enable market-based deployment of wholesale and distributed energy resources.
· The growth of competitive and transparent energy supply markets at the wholesale and retail levels.
· Policies that recognize and reward technologies that increase the electric reliability and resiliency of industry, government, and consumers.
· Fair and equal access to data to enable industry and empower consumers to effectively deploy and utilize clean energy solutions.
· Stable tax policy that provides industry and consumers long-term clarity to support the investment and deployment of clean energy and transportation technologies.