(Office of Senator Mike Crapo (R-Idaho)) According to a report by the International Energy Agency, approximately 40 percent of cumulative CO2 emissions reductions needed to meet sustainability targets rely on technologies not yet commercially deployed on a mass-market scale. Senator Mike Crapo (R-Idaho), Ranking Member of the U.S. Senate Finance Committee and U.S. Senate Finance Committee member Sheldon Whitehouse (D-Rhode Island) have introduced the Energy Sector Innovation Credit (ESIC) Act, a bipartisan energy tax proposal to encourage innovation in the clean energy sector to help rapidly scale and diversify new technologies. Original co-sponsors of the Senate legislation include Senate Finance Committee members John Barrasso (R-Wyoming) and Michael Bennet (D-Colorado) and Senate Energy and Natural Resources Committee members Jim Risch (R-Idaho) and John Hickenlooper (D-Colorado). House Ways and Means Members Tom Reed (R-New York) and Jimmy Panetta (D-California) have int
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