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Washington, D.C. – House Majority Leader Kevin McCarthy (CA-23) released the following statement on House passage of two Innovation Initiative bills—H.R. 5640, the Electricity Storage Innovation Act, and H.R. 5638, the Solar Fuels Innovation Act:

“Energy is one of the foundations of modern life and our 21st century economy, and as America ventures into the future, developing innovative sources of energy and better storage will complement the amazing success of the American energy industry today. The House’s Innovation Initiative is embracing our energy future with two bills to increase research into solar fuels and improved electricity storage. America is the global leader in energy. The power of American innovation can keep us on top for decades to come.”