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Click here to visit the new home of Politics Daily!Sen. John Kerry, prime mover of a comprehensive energy bill aimed at reducing carbon emissions and moving the country away from oil dependence, said Democratic senators will meet after their Memorial Day recess to figure out whether it is possible to bring the bill to the Senate floor this year. If the "election fear factor" can't be overcome, he said, referring to the upcoming midterm elections, he will push for the bill again next year. At a Christian Science Monitor breakfast Wednesday with reporters, Kerry said the American Power Act he introduced with independent Sen. Joe Lieberman is ...
In the last gasp for an energy bill, Sens. John Kerry and Joe Lieberman offered a plan Wednesday that promotes clean energy and nuclear power, aims to reduce greenhouse gas emissions by 17 percent over the next decade, and allows coastal states to veto federally leased drilling projects within 75 miles of their shores. Kerry said stakes for the bill are "sky high," the AP reported. It faces an uphill climb in gaining passage this year, with little or no GOP backing at this point. But the Massachusetts Democrat said he would press ahead and remains hopeful that Republican Lindsey Graham of ...
Nothing says all-in like having the president, the vice president, three Cabinet secretaries, and two agency heads send the same "we care" message on the same day. It's all about achieving liftoff for the Senate energy and climate bill that's in the spotlight this week. It may seem as if that part of President Obama's agenda, involving the controversial "cap and trade" system of curbing carbon emissions, has been nudged off to the side while he and Congress deal with everything from CEO bonuses to overhauling the health care system. The events of Tuesday are a reminder that for this ...
House Speaker Nancy Pelosi (D-CA) intends to hold a House vote on the Democrats' energy bill by the end of the week. Highlights of the bill reveal a unsurprising package of rewards and penalties suspiciously reflective of the will of heavily lobbying Democratic interest groups. First, the bill bows before Iowan ethanol producers, mandating that utility companies institute a 700% increase in ethanol use as a motor fuel. Next, the bill raises taxes (a perennial Democratic platform), increasing the burden on energy providers by $21 billion. Finally, the bill sets potentially crippling ...
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