Date: May 26, 2021
Subject: Growing Government Bureaucracy by Establishing the Foundation for Energy Security and Innovation
Description: Coons (D-DE) amendment to the U.S. Innovation and Competition Act unnecessarily expands bureaucracy to advance a leftist climate agenda. Specifically, the amendment creates a quasi-government non-profit known as the Foundation for Energy Security and Innovation which is directed to "accelerate the commercialization of energy technologies" (i.e., "green" energy) and would cost taxpayers $30 million in 2023 and likely much higher amounts in future years. ACU supports all sources of energy and believes government should not favor one source of energy over another. ACU further believes the real solution to reduce energy costs is to overturn draconian regulations imposed by the left.
Result: Amendment Agreed to, 83-14
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