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New UCS Analysis Finds Waxman-Markey RES Won't Increase Clean Energy Deployment - 0 views

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    According to a new analysis by the Union of Concerned Scientists (UCS), the combined efficiency and renewable electricity standard (CERES -- formerly RES) in the Waxman-Markey climate legislation will not increase renewable electricity generation and might actually reduce it. UCS concludes: "Bottom line: The Waxman-Markey RES does not ensure that any new renewable electricity will be developed beyond the renewables that are already projected to occur under the business as usual forecast by the U.S. Energy Information Administration (EIA)."
Energy Net

New Markey-Platts Bill Would Dramatically Boost Clean Energy Development, Science Group... - 0 views

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    The 25-percent-by-2025 renewable electricity standard bill introduced today by Rep. Edward Markey (D-Mass.) and Rep. Todd Platts (R-Pa.) would boost renewable energy generation by 135 percent above and beyond current policies between now and 2025, according to the Union of Concerned Scientists' preliminary analysis of the legislation. "This electrifying standard would provide a smart, proven, cost-effective strategy to ramp up our clean energy use, create tens of thousands of jobs, and lower consumer utility bills," said Alan Nogee, UCS Clean Energy Program director. "The clean energy tax incentives that Congress is finalizing will get us moving in the right direction in the near term, and the renewable energy standard makes sure we stay on that path for the foreseeable future."
Energy Net

Markey introduces major energy efficiency legislation - 0 views

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    The Alliance to Save Energy hailed new Energy Efficiency Resource Standard (EERS) legislation, introduced today by Rep. Edward Markey (D-Mass.), as effective federal policy that would reduce consumers' energy use and therefore costs; cut global warming pollution; and supplant the need for new power plants to meet rising energy demand. The Save American Energy Act would cut electricity and natural gas demand and, in combination with another newly introduced Markey bill creating a Renewable Electricity Standard (RES), create more than a half million jobs and save U.S. consumers more than $180 billion, according to Markey's office.
Energy Net

Senate Proposes $7500 Tax Credit on Plug-In Electric Hybrid Vehicles : Red, Green, and ... - 0 views

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    As part of the Senate's proposed tax stimulus plan, tax credits of up to $7500 have been included for plug-in electric vehicles! This is huge proposal and signifies the Senate is willing to work with President Obama to wean the United States off its dependency on foreign oil.
Energy Net

Oil and gas exploration all the rage on Capitol Hill | Business | Chron.com - Houston C... - 0 views

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    Drill, drill, drill. Suddenly, oil and gas exploration is all the rage on Capitol Hill. With energy prices a red-hot political issue, the Democratic-controlled Congress, in the midst of its final, three-week legislative sprint before the presidential elections, can't get enough of drilling bills. Not that most Capitol Hill watchers seriously believe that - in the absence of a major supply disruption - any substantive energy legislation will actually emerge from this frenzy and become law. "You don't pass energy bills in the heat of the campaign season," noted Frank Maisano, an energy specialist with Bracewell & Giuliani. Still, there should be plenty of action.
Energy Net

Senate blocks debate of clean energy tax credits | Politics | Reuters - 0 views

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    WASHINGTON (Reuters) - The U.S. Senate on Tuesday blocked debate of a bill to offer about $17.7 billion in tax incentives for consumers to build renewable energy sources like windmills and solar arrays, and buy plug-in cars that run on electricity rather than gasoline.
Energy Net

Reid Unveils Consumer-First Energy Act of 2008 - 0 views

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    Washington, DC-Nevada Senator Harry Reid joined other Democratic senators at a press conference today to unveil the Consumer-First Energy Act of 2008, a bill that addresses the root causes of high gas prices. Seven years of the Bush Administration's disastrous energy policies have enriched Big Oil and market speculators at the expense of American consumers. Democrats are committed to providing relief to consumers and strengthening our economic, energy and national security.
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