Interest groups say US Senate’s inaction on energy bill costing the US 1.9 million jobs
China and other leading nations have gained more than $11 billion in job-creating clean-energy investments with the US losing an estimated $208 million every day since the US Senate abandoned comprehensive clean energy legislation in late July, according to a new analysis from Small Business Majority, Main Street Alliance, American Businesses for Clean Energy and We Can Lead.
The analysis claims that the Senates failure to act will cost the US 1.9 million jobs including 600,000 in the 10 states with joblessness in excess of 10%. The report says that, in the nearly two months since the Senate failed to act, clean energy investments already have started shifting away from the US to China and other nations.
Opinion polling of small business owners we conducted confirms widespread support for a comprehensive climate and clean energy bill, said Small Business Majority Founder and CEO John Arensmeyer. In this tough economy, small business owners are doing their part to reduce energy costs, invest in new technologies and create jobs, but they can't do it alone. They need the Senate to act quickly and pass clean energy policies that will reignite economic growth and put millions back to work.
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