Statement on the passage of the American Clean Energy Security (ACES) Act by the House of Representatives June 26, 2009 : 7:44 PM

Speaker Nancy Pelosi, the Leadership of the House, and Chairmen Waxman and Markey have, through their leadership, secured an important bipartisan victory for the American people.

The American Clean Energy Security (ACES) Act is one of the most important pieces of legislation Congress will ever pass. This comprehensive legislation will make meaningful reductions in global warming pollution, spur investment in clean energy technology, create jobs and reduce our reliance on foreign oil.

The next step is passage of this legislation by the Senate to help restore America's leadership in the world and begin, at long last, to put in place a truly global solution to the climate crisis.

We are at an extraordinary moment, with an historic opportunity to confront one of the world’s most serious challenges. Our actions now will be remembered by this generation and all those to follow – in our own nation and others around the world.