Invest in Cleantech

Invest in Cleantech

Tuesday, July 26, 2005

Energy Bill Moves Forward, Leaving Much Behind.

As U.S. politicians finalized changes for a compromised version of the energy bill that had passed the Senate, key positive aspects of the bill have been removed, much to my disappointment. The revised bill is more supportive of the production of fossil fuel production than its predecessor in its elimination of the plan to have 10 percent of U.S. electricity generated by renewable sources by 2020, as well as the proposed reduction of U.S. oil consumption by 1 million barrels per day. Ethanol use, which was pushed upwards in the Senate bill to expectations for production levels of 8 billion gallons, was reduced to 7.5 billion gallons in the new bill. I am disappointed to say the least, coming down from the highs I was feeling after the the Senate's version was passed that put renewables in the spotlight as a viable energy alternative and potential solution to the nation's energy prices, need for resource independence and the overall protection of our environment. I believe that Democratic Senator Byron Dorgan of North Dakota said it best is his statement, "We have a relentless addiction to oil. We need to address it."

1 comment:

Web said...

Green energy is definitely the best solution in most cases. Technology like solar energy, wind power, fuel cells, zaps electric vehicles, EV hybrids, etc have come so far recently. Green energy even costs way less than oil and gas in many cases.