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Showing posts with the label Mitch McConnell

The Energy Bill Passes the House

Not by much – 219-212 – with a fair number of Democrats voting against it and all but eight Republicans likewise. But it passed. The Senate has a parallel bill wending through committee that is now scheduled for a September vote, so we’ll have to wait to see if, and in what form, this bill passes. But there’s been plenty of reaction to it at this stage. John J. Castellani , President of Business Roundtable: “The bill ignores the role that oil and natural gas must play in the transition to a low-carbon future, as well as nuclear energy’s central role in reducing America’s carbon footprint. To achieve the GHG reductions called for in the bill, we not only need to use energy more efficiently, but also must deploy a balanced, comprehensive portfolio of new low-energy technologies.” The Associated Press (H. Josef Hebert): The House-passed bill contains provisions to make it easier to get loan guarantees and expands the nuclear industry's access to loans for reactor constructi...