the new energy bill MUST contain a
renewable portfolio standard, (minimal percentages of alternative electric power)
solar and wind tax credit extensions, so the
industry can plan and grow.
http://www.renewableenergyaccess.com/rea/news/story?id=50580"Many of us believe the Democratic leadership is falling into a game of chicken here. We do have a lot of Republican support for our provisions, so we don't believe they ought to be caving in."
-- Scott Sklar, President, The Stella Group, Ltd.
Last week, industry trade groups in Washington reported that Senate Majority Leader Harry Reid and Speaker of the House Nancy Pelosi publicly stated that they would separate the tax incentives and RPS from the energy bill in order to pass it before the Thanksgiving recess.
Now, because of increased pressure from industry associations, their members and other concerned citizens, Congressional leaders say they are still looking at all possible options for the energy bill and that a decision on final language probably won't come until next month.
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http://www.nytimes.com/2007/11/14/opinion/14wed1.html?_r=1&hp&oref=sloginTwo months ago, Washington was filled with hope that Congress would produce an energy bill that would begin to address the two great challenges of oil dependency and climate change. Each chamber had approved respectable if incomplete measures that could be combined in one outstanding bill. Then the bills disappeared into the back rooms as Democratic leaders tried to negotiate a final product.
These talks have now reached a dangerous point. With both houses feeling pressure to do something — anything — to deal with high oil prices, there’s a real danger that one or more essential provisions could be dropped just for the sake of producing a bill.