Renewable Energy Credit Trading
June 14th, 2008
Question: First cap and trade and now blocking renewable energy – are Republicans becoming the UnGreen Party?
With gas prices now averaging a record $4.04 a gallon in the United States, the Senate voted on two bills Tuesday that would have revoked tax breaks for Big Oil and extended tax credits to renewable energy. Proponents of the two measures touted them as vital for consumer relief and transition to new energy sources, but both measures failed to muster the 60 votes needed to proceed.
The first vote, on the Consumer First Energy Act, fell short of cloture by a vote of 51-43. The second, on the Renewable Energy and Job Creation Act of 2008, failed by a vote of 50-44. Both votes fell largely along party lines.
Trade organizations that represent renewable-energy firms on the Hill say they’re already seeing a slowing of growth in the sector because companies are hesitant to start new projects without the assurance that these credits will be available.
http://gristmill.grist.org/tag/Muckraker/
With Senate Republicans now blocking renewable energy, are they becoming the UnGreens?
Answer: Yeah, they’re the anti-greens and always have been. Except for maybe Teddy Roosevelt.
Come November we are going to see a landslide of historic proportions.
Lets hope the Dems keep their heads and don’t blow a historic opportunity.
We subsidize everything under the sun, except for the stuff that matters. If we took subsidies away from oil, airlines, highways and agriculture and let the “free market” work, suddenly alternative energy and local economies would look very attractive.
edit:
I wish they would have let some first graders in on the Bush-Cheney energy bill. They probably would have done a better job. Lord knows they wouldn’t let anyone else look at it.
http://www.citizen.org/cmep/energy_enviro_nuclear/electricity/energybill/2005/articles.cfm?ID=13980
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