Reps. Schneider and Rice Promote Green Building Infrastructure

December 10, 2020 by Sean Trambley
An energy efficient workspace. (Screen grab from Dept. of Energy video)

WASHINGTON. – Rep. Brad Schneider, D-Ill., and Rep. Tom Rice, R-S.C., introduced bipartisan legislation to help modernize America’s aging building infrastructure and spur more energy efficient investments.

The Energy Efficient Qualified Improvement Property, or E-QUIP, Act will create an elective 10-year, straight line cost recovery period for a new category of E-QUIP expenditures. 

“Taking on climate change is a top priority for me and the E-QUIP Act will help make both our buildings and our planet healthier, while at the same time modernizing and improving the tax code. The use of this new benefit will not only improve our nation’s infrastructure, but it will also reduce energy consumption and lower harmful emissions, leading to a cleaner and greener environment. E-QUIP will save businesses money, create jobs, and reduce emissions to combat climate change,” said Schneider.

The benefit would apply to improvements in both commercial buildings and multifamily units and covers components and controls for the main systems that most impact energy consumption, including heating and cooling, lighting, and envelope. 

In order to use this benefit, installed systems must meet strict high-performance standards that represent the highest energy efficient equipment available.

“The E-QUIP Act checks all of the boxes for smart energy, climate, and economic policy,” said Jeffrey D. DeBoer, president and CEO of The Real Estate Roundtable. “Installation of high performance HVAC, lights, windows, and other building components will modernize aging buildings, save businesses billions of dollars on their energy bills, create tens of thousands of jobs, and avoid carbon emissions equal to taking 22 million cars off the road for a year. The E-QUIP Act can also encourage state-of-the-art retrofits that enhance outdoor air ventilation rates — a key practice to improve a building’s health and indoor air quality, according to the best available science.”

Full text of the legislation can be found here.

In The News

Health

Voting

Climate

Senate Seeks Environmental Justice for Disadvantaged Hurt by Climate Change
Climate
Senate Seeks Environmental Justice for Disadvantaged Hurt by Climate Change
July 23, 2021
by Tom Ramstack

WASHINGTON -- Tracy Harden, owner of Chuck’s Dairy Bar in Rolling Fork, Mississippi, told a Senate panel Thursday about how a 2019 flood along the Mississippi River Delta devastated her community. High waters inundated 548,000 acres, nearly half of it cropland. Hundreds of residents in the... Read More

Wildfires in US West Blowing 'So Much Smoke' into East Coast
Climate
Wildfires in US West Blowing 'So Much Smoke' into East Coast

PORTLAND, Ore. (AP) — Smoke and ash from massive wildfires in the American West clouded the sky and led to air quality alerts Wednesday on parts of the East Coast as the effects of the blazes were felt 2,500 miles (4,023 kilometers) away. Strong winds blew... Read More

Greenhouse Gases Heat Up Lawmakers’ Health Concerns
Climate
Greenhouse Gases Heat Up Lawmakers’ Health Concerns
July 21, 2021
by Tom Ramstack

WASHINGTON -- The million acres of forest that burned in western states in the past week were a lesser concern for a congressional panel that discussed the hazards of high heat caused by climate change Wednesday. “It’s becoming a routine part of life on the West... Read More

Manchin in the Middle of Budget Plan Progression
Political News
Manchin in the Middle of Budget Plan Progression
July 20, 2021
by Reece Nations

WASHINGTON — Sen. Joe Manchin, D-W.Va., chair of the Senate Energy and Natural Resources Committee, met with his Democratic colleagues earlier last week to discuss the proposed budget deal legislation. Democrats are hoping to pass the budget plan using the Senate’s reconciliation process but they will... Read More

Largest Wildfire in Oregon Expands Further; New Evacuations
In The States
Largest Wildfire in Oregon Expands Further; New Evacuations

PORTLAND, Ore. (AP) — Firefighters scrambled on Friday to control a raging inferno in southeastern Oregon that's spreading miles a day in windy conditions, one of numerous conflagrations across the U.S. West that are straining resources.  Authorities ordered a new round of evacuations Thursday amid worries... Read More

Small Town Bands Together to Care for Evacuees of Oregon’s Bootleg Fire
In The States
Small Town Bands Together to Care for Evacuees of Oregon’s Bootleg Fire
July 15, 2021
by Brock Blasdell

Oregon is currently at the heart of one of the most expensive and destructive wildfire seasons of the past decade. According to data from the National Interagency Fire Center, six wildfires across the state are currently burning over 280 thousand acres of land in a devastating... Read More

News From The Well
scroll top