Sec. 1. Short title; findings
141 words·~1 min read·
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This Act may be cited as the or the National Energy Workforce and Providing Recovery Opportunities to Manage the Industry’s Shifting Economics Act . NEW PROMISE Act Congress finds that since 2010— the total output of coal-fired electric generation in the United States has declined 48 percent; carbon capture, utilization, and storage technologies have continued to develop; the downturn in coal-fired electric generation has led to a significant decrease in employment related to coal-fired electric generation, including at electric generating stations and mines; in rural, economically distressed communities with significant coal-fired electric generation employment, the decrease in coal-fired electric generation has had negative impacts on covered net revenues contributing to municipal operating budgets; electric generation from the consumption of natural gas has increased 60 percent; and electric generation from affordable renewable energy sources including solar, wind, geothermal, and hydropower has increased.