Energy Fun
The House is set to begin hearings on the blackout. Here’s what their conclusion will be:
The lights went out for a few hours and it was terribly inconvenient for a little while.
The Energy Bill that was passed by the House:
. . . includes $18.7 billion in energy tax breaks; doubles the production of the gasoline-additive ethanol; and fulfills President Bush’s request for $1.7 billion to develop hydrogen-powered cars. As expected, the House bill also contains the controversial proposal to drill for oil in the Arctic National Wildlife Refuge. The provision helped kill the energy bill last year, when the Senate rejected it. The ANWR provision sets off a storm of lobbying whenever it’s considered. The Teamsters support the drilling because it would create thousands of new jobs, but environmentalists say it could cause irreparable harm to Alaska’s coastal plain.
And the energy industry sector contributed roughly $56.5M to politicians in 2002.
So, do we really want the people who have been paid by the industry to investigate what happened? Checks and balances refer to bank accounts, apparently.
September 3rd, 2003 at 3:27 pm
Personally i’m not a big fan of the “Drain America first” Energy plan. Fuel ceels are also the biggest boon doggle to come down the pike, nothing but a big sloppy wet kiss for Detroit.
Yeach