News

Action Needed! House to Vote on Cap and Trade Legislation Friday

The U.S. House of Representatives is scheduled to vote Friday on the American Clean Energy and Security Act (ACES), a bill that would require "cap and trade" and other regulatory schemes to reduce greenhouse gas emissions (GHG) from stationary and mobile sources.  AGC supports reasonable climate change policies that would reduce GHG emissions while maintaining the competitiveness of U.S. companies in the global marketplace.  While there may be opportunities for the construction industry under the bill to contribute towards building a clean energy economy, on the whole, AGC believes that the bill as it is currently drafted would increase the cost of construction, discourage investment in our economy and impact our ability to meet the infrastructure and mobility needs for a growing population.  AGC sent a letter to Capitol Hill June 25 in opposition to ACES as currently drafted. AGC urges all members and Chapters to weigh in with their Representatives and urge them to oppose the bill.  For more information and to send a letter to your Representative, please use AGC's Legislative Action Center.