Readout of the President’s Meeting With Utility CEOs Who Support the Climate and Clean Energy Investments in Build Back Better
This afternoon, the President hosted 10 electric utility executives at the White House for a discussion about his Build Back Better (BBB) agenda to modernize America’s energy system and meet the moment on climate. These electric utilities – that collectively employ more than a hundred thousand Americans in communities across the country and provide power to more than 50 million homes and businesses every day – offered their overwhelming support for the climate and clean energy investments in BBB.
The President thanked these leaders for their support and had a detailed conversation with them about their shared conviction that Build Back Better would support good jobs, lower energy bills for American families, make our electric grid more reliable in the face of extreme weather, enhance U.S. competitiveness, boost economic growth, and reduce greenhouse gas emissions.
The CEOs in attendance spoke about how Build Back Better would make our country more globally competitive by investing in energy innovation, make our electric grid more reliable by investing in transmission, and support the growing number of electric vehicles Americans are buying. They also expressed that, while they may not agree with every aspect of the President’s agenda, they firmly support investments in climate and clean energy.
The climate and clean energy provisions in Build Back Better are a comprehensive set of investments to get America on track to reach the President’s goal of 100% clean electricity by 2035, and he appreciates the partnership of these top electric utility CEOs in that effort.