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Proposed American Clean Energy and Security Act of 2009

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Published at: www.climatechangeattorney.com

Finally: American energy independence via new clean energy bill

June 8, 2009

GLG Expert Contributor

The draft of a comprehensive energy U.S. Congressional bill entitled the “The American Clean Energy and Security Act of 2009" has been released.  A bill of this nature is necessary for long-term investment in American clean energy and energy independence. This industry has been highly reliant on short-term subsidies and temporary incentives and requires significant government support to overcome current cost barriers and to stimulate confidence from critical financiers, which have pulled back from clean energy companies during the global recession.

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