Applied Materials on The Clean Energy Jobs and American Power Act

WASHINGTON, USA: Applied Materials Inc. released the following statement in support of the “The Clean Energy Jobs and American Power Act,” a bill introduced today by Senator John Kerry and Senator Barbara Boxer.

“This is a good step toward a final package of environmental legislation that will enable the United States to maintain its technology competitiveness, create green jobs, and achieve significant reductions in greenhouse gases,” said Mike Splinter, Chairman and CEO of Applied Materials.

“It is important for people to realize that solar-generated energy is the best pathway to achieve the goals of this bill. If we can combine this thinking on climate change with aggressive renewable energy standards and tax incentives for domestic manufacturing, the US can create an effective solution to the two great challenges of our time, energy and the environment.”

“There is good momentum now, with the Senate moving to follow up on the House of Representatives’ action earlier this year, and both working aggressively to support President Obama’s vision to establish the United States’ leadership in renewable energy and climate change. With all that is at stake, we urge Congress to work together in a bipartisan way to get a bill on the President's desk that he can sign soon, knowing it is the right thing for our country.”