The letter was sent to Speaker of the House Nancy Pelosi, House Minority Leader John Boehner, Senate Majority Leader Harry Reid, and Senate Minority Leader Mitch McConnell. Each chamber has approved an energy bill that tackles portions of what the investors are seeking, but neither covers all three of the priorities highlighted in the letter.

The letter requests:

• A strong renewable electricity standard that would boost production of wind, biomass, geothermal and solar energy across the country.

• Strong energy efficiency incentives and standards, which would achieve the easiest, most cost effective reductions in greenhouse gas emissions. The American Council for an Energy Efficient Economy (ACEEE) estimates that standards for lighting alone could reduce global warming pollution by 100 million metric tons in 2030, while saving consumers and businesses billions of dollars.

• Increased fuel economy standards through strong Corporate Average Fuel Economy (CAFE) regulations, which have not been significant raised since the mid-1970s. According to a new Citigroup report, a 35 mile per gallon fleet by 2020 in the United States is not only feasible but could generate profit growth for automakers, including US automakers.

Read the INCR Press Release

Read the Complete Investor Letter to Congress