30 Apr '13, 3pm

Energy Efficiency Stocks Rally on Shaheen-Portman Bill: While the chance for broad energy reform to come out

Energy Efficiency Stocks Rally on Shaheen-Portman Bill: While the chance for broad energy reform to come out

Senators Jeanne Shaheen (D-NH) and Rob Portman (R-OH) are reintroducing their Energy Savings and Industrial Competitiveness Act, supported by a broad range of industry leaders, energy efficiency advocates, and environmental stakeholders. A similar bill passed the Senate Energy and Natural Resources Committee in the 112th Congress with broad bipartisan support, but drew fire from Republicans for expanding a Department of Energy loan program. This bill eliminates that provision, along with another revolving loan program which had been intended to fund energy efficiency upgrades. A representative of insulation manufacturer Owens Corning (NYSE:OC ) applauded the bill. She said,”Energy efficient buildings must be a cornerstone of National Energy Policy as the building sector remains the nation’s single largest energy consumer. As the residential insulation market leader for ove...

Full article: http://www.renewableenergyworld.com/rea/news/article/2013...

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Energy Efficiency Stocks Rally on Shaheen-Portman Bill: Filed under: Energy News

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