The Republicans put up an alternative to the Kerry-Lieberman energy bill yesterday via Sen. Richard Lugar (R-Ind.). For starters, it’s much smaller (112 vs. 987 pages) and has fewer titles (4 vs. 7) than Kerry-Lieberman. It is called the Practical Energy and Climate Plan Act of 2010 vs. The American Power Act. We don’t know if Lugar will have a nice logo drawn up for his bill, as Kerry and Lieberman did for theirs. Lugar has posted a video of his press conference introducing it. See that on his home page , along with a lot of links. Let’s see what the bill offers: No provisions for mandatory reductions in carbon emissions – that is, no cap-and-trade or carbon tax. Lugar has ideas on how to achieve carbon emission reductions, so hold tight. The bill heavily stresses energy efficiency, especially as regards cars, trucks and light vehicles. And buildings, too. The bill proposes $2 billion to DOE to use as a basis for loans, loan guarantees and other financial tools to h...
Former blog for NEI featuring news and commentary on the commercial nuclear energy industry. Head to NEI.org for the latest blog posts.