Statements On Introduced Bills And Joint Resolutions
Mr. President, I join my colleagues Senator Carper, Snowe, Lieberman, Murkowski, and Landrieu in introducing two important domestic energy bills. The Senate has an opportunity to save consumers $15 billion annually in energy costs,…
Mr. President, I join my colleagues Senator Carper, Snowe, Lieberman, Murkowski, and Landrieu in introducing two important domestic energy bills.
The Senate has an opportunity to save consumers $15 billion annually in energy costs, eliminate the need for hundreds of new power plants, prevent the release of tons of mercury into our environment annually, reduce greenhouse gas emissions by 3 trillion pounds, lead the world in the innovation of new technologies and increase domestic employment opportunities.
How? The good old fashion light bulb.
Thomas Edison was one of our Nation's greatest inventors. He holds nearly 1100 patents, including the light bulb. Over 125 years ago, he invented the conventional incandescent light bulb. While most of his other inventions have been significantly improved upon since then, Edison's incandescent light bulb is still the most widely used bulb today. Unfortunately, only 10 percent of the electricity that goes into this light bulb is actually used to produce light. The remaining 90 percent is often wasted as heat.
Just as another Edison invention, the phonograph, evolved into compact discs and mp3 technologies, today, American innovation has improved upon the light bulb. This innovation will continue. Light bulb manufacturers and our hard-working Americans have developed technologies that are capable of reducing the electricity use associated with conventional incandescent light bulbs from between 10 to over 50 percent. These bulbs are available today.
These technological and domestic manufacturing capabilities can save consumers billions of dollars a year in energy costs.
My colleagues and I are proud to introduce two bills that will ensure that we take advantage of these new technologies to save energy, save consumers on their electricity bills and promote American ingenuity.
The first is the Bright Idea Act of 2007. This bill will establish efficiency targets for light bulbs that will cut light bulb energy consumption by at least half in just 6 years and triple the efficiency of today's incandescent bulbs by 2018.
These efficiency standards are merely the beginning. The bill establishes a working group of light bulb manufacturers, labor unions, environmentalists and consumer groups to evaluate the state of bulb technologies and domestic manufacturing capabilities every 3 years. If the technology has advanced and our businesses are capable of higher standards, the Secretary of Energy may raise these targets.
The bill also authorizes a technology-neutral research and development program to help our domestic manufacturers, in partnership with our national laboratories and universities, advance new lighting technologies and directs the Secretary of Energy to educate consumers about the benefits of using newer light bulbs.
We recognize the concerns related to new light bulbs such as mercury release and labeling requirements. The bill requires the Secretary, together with the EPA, to provide recommendations to Congress on how to deal with these challenges.
The second component of this light bulb package that we are introducing today is a bill that will ensure that our Nation is capable of taking full advantage of America's lighting innovation through the creation of additional domestic employment opportunities. This bill provides a construction tax credit for the costs associated with the renovation and construction of domestic light bulb manufacturing facilities designed to produce the next generation of lighting technology.
I urge Senators to join my colleagues and me in saving consumers billions of dollars in electricity costs, reducing greenhouse gas emissions, tempering energy demand, eliminating the need for at least dozens of new power plants annually, preventing the release of tons of mercury into our environment each year and building upon our innovation by creating additional domestic employment opportunities for Americans by supporting the Bright Idea Act of 2007 and tax incentives for domestic lighting technologies. I ask consent that the text of the bill be printed in the Record.