Statement

U.S. Senator Susan Collins today met with President Barack Obama for nearly 90-minutes to discuss proposals for clean energy legislation. In a meeting attended by the President, Energy Secretary Steven Chu and three other cabinet members, and Senators of both parties, Senator Collins outlined the Cantwell-Collins Carbon Limits and Energy for America's Renewal (CLEAR) Act. The bill offers simple and effective alternatives to cap-and-trade ideas, including support for clean energy development, a mechanism for creating jobs and returning revenue to the American people, and a simple and transparent mechanism for limiting carbon emissions.

"We took this opportunity to outline our approach to clean energy legislation. I am encouraged that the President promised to take a close look at the CLEAR Act -- which includes consumer rebates similar to an idea the President proposed during his campaign," said Senator Collins. "Our bill would also spur job growth in clean energy technology, provide a market signal to develop American clean energy technologies, and prohibit excessive market abuses. It is a simpler approach that promotes American jobs and protects consumers."