Bank of America Chairman Charles Holliday speaking on behalf of the Global Commission on the Economy and Climate asked the audience at yesterday’s American Energy and Manufacturing Competitiveness Summit in Washington DC how many people anticipated the US shale gas production revolution 10 years ago. No one in the 500-plus crowd raised their hand. US… Keep reading →
Speaking this morning at the American Energy and Manufacturing Competiveness Summit in Washington DC, US Department of Energy Secretary Ernest Moniz extolled the numerous benefits precipitating from the country’s newfound energy wealth. One of the main messages he drove home to the audience is that increasing energy production along with energy efficiency growth are positively… Keep reading →
The 2014 American Energy & Manufacturing Competitiveness (AEMC) Summit taking place in Washington DC next week couldn’t come at a more interesting time. News of increasing US manufacturing competiveness seems to be popping up all the time, boosted by the country’s energy production renaissance that has reduced feedstock costs for many manufacturers. This is rejuvenating… Keep reading →
Thursday, December 12th, was a big day at the Energy Department. In addition to announcing $8 billion in new loan guarantees for advanced domestic fossil energy projects and a new award for innovative engineering, design certification and licensing for small modular reactors — a path to advance safe, cost-effective nuclear energy deployment — Secretary Moniz kicked off yesterday’s American Energy and… Keep reading →
The U.S. is not the clear, go-to nation for energy manufacturing. But it’s no longer the nation that businesses automatically leave when it comes time to scale up innovations to commercial production, said Gene Sperling, Director of the National Economic Council, and it’s critical that the U.S. seize the opportunity that presents. Speaking to the… Keep reading →
Manufacturing is the bedrock of the American economy, representing nearly 12 percent of our gross domestic product and providing good, high-paying jobs for middle class families. Yet, as we transition to a clean energy economy, we need to ensure that American workers are manufacturing the renewable energy technologies of tomorrow. That’s why this past March,… Keep reading →
The US Department of Energy announced $150 million in clean energy tax credits to 12 companies for investment in domestic manufacturing equipment today at the American Energy and Manufacturing Competitiveness Summit, a joint initiative of the DOE and the Council on Competitiveness. The Advanced Energy Manufacturing Tax Credit program – with $2.3 billion in total… Keep reading →
The US oil and gas industry often points opponents to job creation and other economic benefits associated with their business activities. When environmental concerns are raised, highlighting job creation – a somewhat common industry communications strategy – confuses the conversation and fails to address the issue at hand. However, the Washington Post recently challenged the… Keep reading →
