09/13/2021 | Press release | Distributed by Public on 09/13/2021 14:51
WASHINGTON - Senator Bob Menendez (D-N.J.), Chairman of the Senate Foreign Relations Committee, today is introducing the Prioritizing Clean Energy and Climate Cooperation with India Act of 2021. The legislation follows a Congressional Delegation to India in the fall of 2019, during which Senator Menendez engaged with India's Minister of New and Renewable Energy and Indian business leaders to discuss how the U.S. and India can address the threat of climate change and deepen our cooperation on clean energy production. In addition to establishing groundbreaking new programs, this bill will also serve to bolster the Biden administration's U.S.-India Climate and Clean Energy Agenda 2030 Partnership, which aims to elevate bilateral cooperation on strong climate action and support the achievement of India's ambitious climate targets.
The Prioritizing Clean Energy and Climate Cooperation with India Act establishes the United States-India Climate and Clean Energy Partnership (CCEP) as the main forum for cooperation between the U.S. and India on clean energy technologies and energy transmission. CCEP activities include promoting joint research and development on clean energy technologies, encouraging U.S. private investment in the Indian clean energy market, and supporting initiatives to develop new renewable energy generation capacity in India. The Act also promotes U.S.-India cooperation on climate resilience and risk reduction.
'Given the shared threat of climate change and India's growing need for electricity, there is a strong case to be made for strengthening the U.S.-India clean energy partnership,' said Chairman Menendez. 'In that vein, I am introducing this legislation having witnessed firsthand the positive results that come when our nations work as a team to tackle common challenges. By establishing the U.S.-India Climate and Clean Energy Partnership, we are laying the groundwork for successful partnerships between not only the U.S. and Indian governments, but also our universities and private sectors. I am proud to lead this effort to further strengthen our relationship with India.'
Find a copy of the Prioritizing Clean Energy and Climate Cooperation with India Act of 2021HERE.
Key provisions of the legislation include: