SANTA CLARA, Calif.--(BUSINESS WIRE)--Jun. 26, 2009--
Applied Materials, Inc. today expressed strong support for the U.S.
House of Representatives’ passage of the American Climate and Energy
Security Act (ACES).
“Like the decision to fund a space program and put a man on the moon in
the 60s, this bill could be heralded as a true inflection point: the
moment when the U.S. got serious about clean energy. It will certainly
be one of the most important bills considered by Congress, given its far
reaching impact on the economy and the environment,” said Mike Splinter,
chairman and CEO of Applied Materials, the largest solar equipment
manufacturer in the world. “The U.S. is stating unequivocally to the
world that we want to be leaders when it comes to saving our climate.”
“Speaker Pelosi and Chairmen Henry Waxman and Ed Markey have shown
tremendous leadership with their tireless work and leadership to bring
this 'Clean Deal' legislation to fruition in the House. They have helped
to set the United States on a course of transformation to a low carbon
economy, which we believe will create enormous economic opportunity in
clean energy, including thousands of jobs, and drive an energy
innovation revolution potentially bigger than the information and
computing age,” Splinter added.
“While the cap and trade component of this bill is critical, the
importance of the national standard for renewable energy generation
should not be overlooked. It will take years to fully regulate carbon
dioxide. In the meantime, this bill provides financing mechanisms that
will increase the use of renewable energy immediately, curbing climate
change emissions and spurring significant investment in the green
economy now. We are greatly encouraged by the House's vote today and
look forward to similar action by the Senate, with a goal to seeing
legislation enacted this year.”
Applied Materials is focused on powering future economic growth through
solar photovoltaic technology that is viable today. Applied is making
solar more affordable and scalable through products used to manufacture
wafer-based crystalline silicon solar panels, as well as the company’s
revolutionary SunFab™ Thin film line, which produces the
largest solar panels in the world. Applied was recently honored with the
Wall Street Journal’s 2008 Technology Innovation Award for its SunFab
production line. Applied Materials brings 40 years of innovation and
manufacturing experience in the semiconductor and flat panel display
industries to the energy and environment sector.
About Applied Materials:
Applied Materials, Inc. (Nasdaq:AMAT) is the global leader in
Nanomanufacturing Technology™ solutions with a broad portfolio of
innovative equipment, service and software products for the fabrication
of semiconductor chips, flat panel displays, solar photovoltaic cells,
flexible electronics and energy efficient glass. At Applied Materials,
we apply Nanomanufacturing Technology to improve the way people live.
Learn more at www.appliedmaterials.com.
Source: Applied Materials, Inc.
For Applied Materials, Inc.
Dave Miller, 408-563-9582
(editorial/media)
