Guide to Congressional Oil Debate

Environmental Capital – WSJ.com : Energy Day: Your Guide to Today’s Congressional Oil Debate.

One of the best summaries I’ve been able to find on the proposed legislation before the House this week.  Basically it boils down to 3 proposed bills:

Bi-partisan Plan – “Gang of 20″ – some offshore drilling, renewable tax credits and improved transmission, Tax credits for fuels efficient vehicles, funding for biofuel research.  $20 bil to make 85% of transportation run on alternative fuel in by 2028.

Democrat’s bill – modest drilling increases, renewable energy tax incentives, repeal oil tax breaks, and set %15 by 2020 renewable targets.

Republican bill – “All of the above plan” Drill baby drill-offshore and in ANWR, tax breaks for efficiency, prize for 100MPG car, more refineries, develop nuclear and clean coal, permanent renewable energy tax credits.

Call your Reps and tell them your thoughts today!

http://www.wecansolveit.org/page/s/CallTrackRepower




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