Previewing the Senate Energy Bill
Monday, July 12, 2010 at 3:56 pm
A senior Senate source emails with this preview of what to expect in the chamber’s energy bill, which is expected to take shape in the coming weeks.
The legislation, which is still being cobbled together from a number of pending proposals, will, according to the source:
- “help expedite cleanup of and recovery from the oil in the Gulf of Mexico, ensure that the polluters are held liable for damages caused, and put better systems in place to regulate deepwater drilling.
- “create jobs and save consumers money through residential and commercial renovation incentives and by setting higher energy efficiency standards for new homes, products and appliances.
- “set a national renewable electricity standard and provide new financing options for clean energy investments, including low-carbon power generation.
- “improve the nation’s electricity grid and make it more likely that remotely generated renewable power will get to market.
- “decrease oil consumption by several million barrels per day and help electrify the transportation sector, as well as convert heavy duty fleets to cleaner fuels like natural gas
- “eliminate major oil and gas subsidies and expand and extend incentives for consumers and businesses that want to invest in energy efficient buildings, clean power, alternative fuel vehicles, and domestically produced biofuels”
The source says “a large portion” of the bill will be pulled from the legislation authored by Sen. Jeff Bingaman (D-N.M.), which was approved by the Senate Energy & Natural Resources Committee last summer.
One noticeable absence from the list: a cap on carbon emissions. While an economy-wide emissions cap has been all but written off by many in the Senate, there remains an ongoing effort among some lawmakers to include a utility-sector cap. Bingaman has said he is developing such a proposal, though he has reserved the right not to introduce the bill if there is not enough support for it. And Sens. John Kerry (D-Mass.) and Joseph Lieberman (I-Conn.) have said they are open to compromising on their bill, which includes a broad cap on carbon.
Given this list, it appears that the bill will have two main big-ticket items: an oil spill response package and a renewable electricity standard, which would require that a certain percentage of the country’s electricity come from renewable sources like wind or solar.
Follow Andrew Restuccia on Twitter
28 Comments
Pingback posted July 12, 2010 @ 4:35 pm
[...] This post was mentioned on Twitter by Jonathan Hiskes, Aaron Wiener, stepshep and others. stepshep said: RT @TWI_news Prieviewing the Senate Energy Bill http://bit.ly/aX1Bb1 / :'( [...]
Pingback posted July 12, 2010 @ 6:29 pm
[...] to show support for any sort of cap on carbon emissions in an energy bill. A senior Senate source told TWI earlier today that a final energy bill is expected to include an oil spill response package and a [...]
Pingback posted July 12, 2010 @ 8:07 pm
[...] This post was mentioned on Twitter by OpenCongress. OpenCongress said: Here's a preview of the still-in-the-works Senate energy bill: http://bit.ly/a38QDJ [...]
Comment posted July 12, 2010 @ 8:12 pm
The earlier bill promoted offshore oil drilling and building new nuclear power plants.
Does the new bill do that?
Pingback posted July 12, 2010 @ 9:51 pm
[...] lawmakers? Obama wants a price on carbon, which seems out of reach. It’s not included in the preview the Washington Independent’s Andrew Restuccia got from a Senate source. The legislation, [...]
Pingback posted July 12, 2010 @ 10:02 pm
[...] lawmakers? Obama wants a price on carbon, which seems out of reach. It’s not included in the preview the Washington Independent’s Andrew Restuccia got from a Senate source. The legislation, [...]
Pingback posted July 12, 2010 @ 10:17 pm
[...] lawmakers? Obama wants a price on carbon, which seems out of reach. It’s not included in the preview the Washington Independent’s Andrew Restuccia got from a Senate source. The legislation, [...]
Pingback posted July 12, 2010 @ 10:18 pm
[...] leave lawmakers? Obama wants a price on carbon, which seems out of reach. It's not included in the preview the Washington Independent's Andrew Restuccia got from a Senate [...]
Pingback posted July 12, 2010 @ 11:30 pm
[...] posted here: Previewing the Senate Energy Bill « The Washington Independent Share and [...]
Pingback posted July 13, 2010 @ 12:16 am
[...] Previewing the Senate Energy Bill « The Washington Independent [...]
Pingback posted July 13, 2010 @ 12:24 am
[...] Previewing the Senate Energy Bill « The Washington Independent [...]
Pingback posted July 13, 2010 @ 3:06 am
[...] Previewing the Senate Energy Bill « The Washington Independent [...]
Pingback posted July 13, 2010 @ 3:39 am
[...] Previewing the Senate Energy Bill « The Washington Independent [...]
Pingback posted July 13, 2010 @ 4:16 am
[...] Previewing the Senate Energy Bill « The Washington Independent [...]
Pingback posted July 13, 2010 @ 6:53 am
[...] Previewing the Senate Energy Bill « The Washington Independent [...]
Pingback posted July 13, 2010 @ 7:57 am
[...] Previewing the Senate Energy Bill « The Washington Independent [...]
Pingback posted July 13, 2010 @ 9:32 am
[...] Restuccia, the new environment and energy reporter for the Washington Independent, has the scoop on the probable component parts of the Senate’s energy and climate bill. Basically, [...]
Pingback posted July 13, 2010 @ 9:41 am
[...] the Senate Energy Bill (Washington Independent) The pending legislation appears likely to include an oil spill response package and support for [...]
Pingback posted July 13, 2010 @ 12:07 pm
[...] the centerpiece of the proposed energy legislation is “Cap-and-Trade,” a power pricing system and infrastructure that accommodate clean [...]
Pingback posted July 14, 2010 @ 6:43 am
[...] Previewing the Senate Energy Bill « The Washington Independent [...]
Pingback posted July 14, 2010 @ 7:36 am
[...] Previewing the Senate Energy Bill « The Washington Independent [...]
Pingback posted July 14, 2010 @ 9:50 am
[...] Previewing the Senate Energy Bill « The Washington Independent [...]
Trackback posted July 14, 2010 @ 8:01 pm
Previewing the Senate Energy Bill « The Washington Independent…
I found your entry interesting do I’ve added a Trackback to it on my weblog :)…
Pingback posted August 1, 2010 @ 9:49 am
[...] regulatory and enforcement authority they need to prevent these cataclysms from occurring, and an energy bill that promotes green energy development and includes a cap on carbon emissions (which the current [...]
Pingback posted January 8, 2011 @ 9:40 pm
[...] of legislation. Senate Majority Leader Harry Reid (D-NV) is cobbling together a bill now, one that sources on Capitol Hill say will likely include weak clean-energy provisions (including a Renewable Energy Standard less robust [...]
Trackback posted March 10, 2011 @ 4:15 pm
Popular Sites We Like…
[...]some interesting sites worth visitng. We recommend all our readers go and check these out[...]……
Trackback posted April 12, 2011 @ 11:18 am
Some Other Websites I Like…
[...]http://www.panicattackstreatmentcure.net/links/ Below are some totally unrelated websites to mine, however, they are really worth checking out[...]…
Trackback posted September 4, 2011 @ 5:05 pm
Connected Websites…
[...]a couple of other similar assets on the net which are really worth looking at about this topic consist of[...]…
RSS feed for comments on this post.
Sorry, the comment form is closed at this time.
rss