Historic legislative package includes $40 billion to accelerate clean energy manufacturing, bolster domestic supply chain resiliency, and create jobs
For Immediate Release: August 7, 2022
Media Contact: Melinda Skea | [email protected] | 202-709-9793
BALTIMORE — The Business Network for Offshore Wind applauds the Senate’s passage of the Inflation Reduction Act, an historic legislative package that includes $369 billion in investments to advance America’s clean energy programs, including offshore wind development.
The following statement can be attributed to Liz Burdock, President and CEO of the Business Network for Offshore Wind:
“The Senate’s passage of the Inflation Reduction Act is a watershed moment in America’s renewable energy transition. This historic legislative package sends a message to the world that the U.S. is serious about bolstering supply chain resiliency, increasing American energy security, and reaching our ambitious goal to deploy 30 gigawatts of offshore wind power by 2030. The bill’s $40 billion investment in domestic clean energy manufacturing and shipbuilding is an important down payment that will unleash the vast potential of offshore wind and localize a supply chain on American shores creating thousands of good-paying jobs. Today’s vote represents a momentous leap forward, but the work is not done—the House must act swiftly to send this legislation to President Biden’s desk.”
For more information or to arrange an interview with the Network, contact Melinda Skea at [email protected] or 202-709-9793.
The Business Network for Offshore Wind is the largest non-profit organization dedicated solely to building a robust offshore wind supply chain and expanding adoption of offshore wind energy. It advances the industry through collaboration, education, and innovation, including the International Offshore Wind Partnering Forum (IPF), the leading offshore wind conference in North America, and the OSW Market Dashboard. Learn more at offshorewindus.org.