WASHINGTON, DC (August 21, 2018) –The Trump administration’s proposal to replace the Clean Power Plan will undercut the rapid growth in clean energy jobs across the country, weaken our economy and drive energy innovation to other countries, according to the national, nonpartisan business group E2 (Environmental Entrepreneurs).

The following is a statement from Bob Keefe, executive director of E2: 

“Rolling back the Clean Power Plan is the wrong move—potentially costing 560,000 jobs and $52 billion in GDP—but this proposal solidifies that the administration has no interest in producing a meaningful energy vision that benefits American business and workers and helps America compete in a 21st century economy.

 “Clean energy jobs now vastly outnumber fossil fuel jobs, but this administration once again wants to put its thumb on the market scale to prop up these industries and slow the growth of American jobs.”

To speak with E2 members and other business leaders in states across the country that support the Clean Power Plan and oppose efforts to roll it back, please contact Michael Timberlake at (202) 289-2407 or michael@e2.org.

Background:

  • There are nearly 3X as many clean energy jobs as fossil fuels jobs in the U.S. (link)
  • Rolling back the Clean Power Plan would cost American up to 560,000 jobs and $52 billion in GDP (link)
  • Solar installers and wind technicians are projects to be the fastest growing jobs 2016-2026 (link)

Additional E2 Resources:

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Environmental Entrepreneurs (E2) is a national, nonpartisan group of business leaders, investors, and professionals from every sector of the economy who advocate for smart policies that are good for the economy and good for the environment. Our members have founded or funded more than 2,500 companies, created more than 600,000 jobs, and manage more than $100 billion in venture and private equity capital. For more information, see www.e2.org or follow us on Twitter at @e2org.