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A Disaster Opportunity - BP Spill and Obama's Climate Bill |
2010-05-07 |
Some environmentalists and liberal lawmakers believe the BP oil spill has handed President Obama a significant political opportunity to renew his stalled energy and climate bill, and are urging him to push for sweeping legislation to move the country away from reliance on oil and other fossil fuels. The climate bill that White House officials have been negotiating called for limited greenhouse gas emissions from power plants, transportation fuels and eventually factories. It included large incentives for drilling offshore, nuclear power plant construction and so-called "clean-coal" technology. It also would have required set levels of renewable electricity use nationwide. The bill included several sweeteners to minimize the cost for industry. Still, the nation's reliance on gasoline means choosing between imported oil or increased domestic production — and there, the gulf spill may have an impact. All signs from Capitol Hill suggest that Obama's expanded drilling plans will find little support in light of the BP leak. Environmental groups want the administration to push for enhanced oil recovery on land, Many economists say Obama's best chance to reframe the energy debate — and dramatically cut oil use — could also be the least popular—a large gasoline tax on gasoline, with the proceeds dedicated to alternative fuel research, reducing the federal budget deficit, or even refunded to consumers |
Posted by:Bobby |
#2 heh heh, thank you, Al-Aska Paul. |
Posted by: Frank G 2010-05-07 19:42 |
#1 Every disaster is an opportunity, so said a wise man to my friend after he survived the flying cans in the Safeway store during the 1964 Alaska earthquake. Obama will use this disaster for promoting more of his agenda. Crap and Raid, etc etc, the bottom line being that we will spend way beyond our means and wind up JUST LIKE GREECE, in an accelerated fashion. The Grateful Dead were prophetic: Drivin' that train High on cocaine Casey Jones you better watch your speed Trouble ahead Trouble behind and you know that notion just crossed my mind Trouble with you is The trouble with me Got two good eyes but we still don't see Come round the bend You know it's the end The fireman screams and The engine just gleams /Greetings to Commodore Frank Heh. |
Posted by: Alaska Paul 2010-05-07 16:40 |