AND NOW THE SENATE
Obama Is Confident Senate Will Pass Energy Bill
Judith Burns, June 29, 2009 (Wall Street Journal)
"President Barack Obama on Monday praised the House for passing a controversial energy bill and said he's certain the Senate will move its own version of the legislation.
"In remarks at the White House, Mr. Obama touted the measure that narrowly passed the House on Friday, saying it will create businesses and new, green jobs while reducing the nation's dependence on imported oil. He predicted the Senate would take up the legislation in coming months and said [he is confident the Sneate will move the legislation forward]…"
click to enlarge
"Mr. Obama also unveiled changes he said would improve U.S. energy efficiency, including new efficiency standards for fluorescent and incandescent light bulbs…
[Light bulbs do not seem sexy]… but, he said, the new standards might save consumers up to $4 billion a year starting in 2012, and significantly reduce energy demand. He announced the White House will take part in the shift, replacing light bulbs now in use with new, energy-efficient bulbs.
"The Democrat-backed energy bill, which squeaked through the House by a vote of 219-212, would impose limits on air pollution and permit trading in air-pollution credits…"
click to enlarge
"Supporters say the "cap and trade" approach will encourage the U.S. to shift to cleaner, alternative energy sources, reducing air pollution that some link to global climate change. Critics…say the approach amounts to a costly tax on energy usage that will act as a drag on the U.S. economy.
"Mr. Obama added that the House action will open the door to combating greenhouse gas emissions and help the U.S. do more [than it has in decades] to achieve clean energy…"
0 Comments:
Post a Comment
Note: Only a member of this blog may post a comment.
<< Home