This evening the U.S. House of Representatives passed the Build Back Better Act
For Immediate Release: November 19, 2021
Media Contact: Melinda Skea
Baltimore – Moments ago the U.S. House of Representatives passed the Build Back Better Act, which follows President Biden signing the bipartisan Infrastructure Bill earlier this week. The Build Back Better Act is the single largest investment in clean energy and contains several provisions that directly impacts the offshore wind industry. The legislation includes long-term clean energy tax credits for manufacturing and development, funding for transmission projects and planning, assistance to rebuild ports, and advances offshore wind in the South Atlantic and U.S. territories.
The following quote can be attributed to Liz Burdock, CEO and president of Oceantic Network:
The Build Back Better Act includes the most significant federal investments ever in renewable energy and will propel the offshore wind industry forward in the United States. Fully harnessing the incredible potential offered by offshore wind requires a concentrated national industrial strategy that lays out clear clean energy goals, supports manufacturers and small businesses, builds up a workforce, and rebuilds our ports. The Build Back Better Act take significant steps towards this strategy by providing the long-term support that will spark major investments in new factories manufacturing the blades, foundations, and tower that will build the industry.
The U.S. House of Representatives has shown leadership in advancing offshore wind and the U.S. Senate should follow suit by also passing the Build Back Better Act.
Oceantic Network is the largest nonprofit organization dedicated to establishing a robust offshore wind supply chain in the U.S. It advances the industry forward through education, facilitating partnerships, and events, including the International Partnership Forum, the largest offshore wind conference in America. Learn more at Oceantic.org.