House Panel OKs Slimmed-Down Energy Bill

[jpak]

http://www.lasvegassun.com/sunbin/stories/bw-cong/2005/apr/13/041305430.html

WASHINGTON (AP) - House taxwriters advanced an $8 billion package of energy tax breaks Wednesday, including measures aimed at spurring construction of electricity transmission lines in hopes of reducing the likelihood of future blackouts.

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Rep. Jim McDermott, D-Wash., called the tax provisions "obscene" because they focused on energy industries including oil and gas companies that are making big profits because of high energy costs.

"What do the American people get - nothing but a raw deal, an obscene deal," said McDermott. At a time of soaring gasoline prices, "there is no provision ... that will lower the price of gasoline, only protect the profits of the oil industry."

Rep. Jim Nussle, R-Iowa, bemoaned the absence of tax breaks for renewable energy - such as credits for wind-derived energy. "We need to make this a priority," he said.

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[oscar111]

1. Horrid bill ends much of regulation of utilities: Blackouts coming

contrary to the OP article, the PIRG founded by Nader says the horrid bill, same as lasst year, will end much of the regulation including

PUHCA

PUBLIC UTILITY HOLDING COMPANY ACT.

Created by FDR.

email your reps and oppose this bill!

visit the nader site and sub to the CMEP page newsletter .
One of his old PIRGs.

critical mass energy project CMEP

google CMEP for the site.
nader left the group but it lives on and does great monitoring work.

Domenici of NM is the perinneal senate sponsor the the horrid bill.

Remember N. California intentional blackout? the NE one too? Expect many more. They are so profitable

[Coastie for Truth]

2. A disaster

does not break our over reliance on "peaked" (natural gas, crude) and to peak within our life times (coal) fossil fuels.

Does not move us into alternatives, renewables.


--what do I know, I'm just a dumb (PhD) injunear in the alternative, renewable, green energy field.