Jeff Bingaman United States Senator from New Mexico

One of the best opportunities for economic development is the area of clean energy technology.  Even during this very difficult economic climate, last year wind energy manufacturing grew nearly 40 percent in the United States.  In fact, many of the good-paying jobs created in New Mexico in the last year have been in the clean energy sector.   As the world shifts to a lower carbon economy, the need for wind, solar, biofuels, geothermal, and other renewable forms of energy technology will grow dramatically.  The United States needs to capture that market.   We need to be the supplier of green energy manufactured goods to the world. 

To achieve that goal, we need to get clean energy manufacturing off the ground.  Last year, the Senate Energy and Natural Resource committee passed an energy bill that would create the Clean Energy Deployment Administration (CEDA), an agency within the Department of Energy whose aim would be to help finance clean energy manufacturing. 

CEDA would provide a mechanism to help businesses, including small businesses, access the capital they need to move from proven concepts to successfully manufacture and market clean energy.  This would help the nation propel into future energy technologies and continue to ensure New Mexico’s place future energy research, production, and manufacturing.