Energy Bill Legislation: A Blow to Alternative Energy

On December 13th, the US Senate voted on a watered down version of the bill that left alternative energy supporters agast. By a vote of 59-40, just one vote short of the number needed, the Senate failed to include a tax title in the 2007 energy bill that would have provided investment and production tax credits for renewable energies.

Please read the full blog posted at my new Green Housing website, which is not done yet, but should be in January....any suggestions for what I can add to the site would be greatly appreciated!

thanks,

adam pascu 

 

9 Comments on Energy Bill Legislation: A Blow to Alternative Energy

Big energy companies must have lobbied pretty hard to kill that bill.

12/15/2007 12:03 AM by Wayzata Lakes Realty: Eric Kodner Sells Luxury Homes


I am sooooo sick of the methuglican party...I can't tell you.  They are behind this defeat....How much more "study" does global warming need?  I wasn't born when Kennedy was able to rally the country around the space program - but I was around for the moon landing (I was pretty little.) It showed what we CAN do if the will is there.  I pray we get that back - FAST. 

12/15/2007 12:14 AM by Ruthmarie Hicks (Keller Williams Realty)


You know, Adam, I don't even need to read another thing to know our government went the wrong way.  What are they thinking? Our government in Michigan is considering retooling for alternative energy since the auto industry is not moving forward effectively, and we have the manufacturing facilities to handle the changeover.  I know this..we have sun and we have wind.  We have so much wind that my neighbor's old fashioned and re-tooled windmill cannot even be used functionally because it was intended to be just ornamental and the WIND keeps breaking it.  Ironic, isn't it?

12/15/2007 12:14 AM by Susan Walters (Keller Williams Realty, Ann Arbor, MI)


Ruthmarie, I like your politics.  It's nice to know there are sane people on Active Rain.

You can go on the Web and see who's shoving money at the GOP.  Among others, some of the biggest donors are mega-energy companies, communications conglomerates and large private insurance companies.

12/15/2007 12:28 AM by Wayzata Lakes Realty: Eric Kodner Sells Luxury Homes


Eric - While I don't have the facts, I agree that big energy/oil companies must have lobbied hard (and supported monetarily) those that voted against this bill. The only reasonable reason I could think of for a senator to vote against this is if their state would not benefit from any federal support because they have less natural solar or wind available to create alternative energy. But that just doesn't seem like the case. What's the theorom that states that the simplest solution is usually the correct one?  They simply got bought out. And what about McCain?? Like Solar wouldn't be useful in Arizona...although by abstaining, he did better than most of his party.

Ruthmarie - honestly, I had to look up methuglican and couldn't find anything. Did you mean "Rethuglican"? 

Susan - yes it seems way too simple that we need to be aggressively promoting & moving to alternative energy. I guess some just don't care because they think they'll be dead before it affects them. 

12/15/2007 12:48 AM by Adam Pascu (Keller Williams Realty)


Adam,

It's really sad to see that the established big energy companies got their wish by taking care of their Senate friends and thus promote regressive policies. Why don't they get involved in the alternative energy business themselves?

12/15/2007 12:27 PM by Esko Kiuru - Las Vegas NV Mortgage Consultant (Sinifox Financial)


Esko, some big energy companies are slowly getting involved, but they want to do it on their own terms, at their own pace.  That won't move energy policy ahead at the speed required to get us out of trouble.

Xcel Energy in Minnesota is now investing in wind turbines, mostly across the southern part of the state.  I've heard estimates that wind power could provide up to ten per cent of power needs within twenty years.  But who knows if that's accurate?

John McCain should have demonstrated some leadership instead of abstaining.  Abstaining is not leadership.

12/15/2007 01:38 PM by Wayzata Lakes Realty: Eric Kodner Sells Luxury Homes


Adam, the legislators we elected to effect change have apparently been bought, part and parcel, by corporate Amerika.  Do you think, when the Artic ice melts in 5-7 years and their expensive beachside vacation homes are under water, then might they take notice?

12/15/2007 08:44 PM by Terry Haugen STAGE it RIGHT! 321-956-2495 (Stage it Right!)


Eric has it - the big energy companies know they need to change and some of them are. The problem is that change costs them money in the short-term. Maybe we can incentivize big businesses to make these changes?  Maybe we can bribe our legislators into bribing the big companies to make these changes? =0

let's at least keep positive about change. There is already talk of reviving this energy bill for the tax credits on it's own as a separate bill. We'll see....

Adam Pascu

Green Housing Realtor

12/17/2007 11:15 AM by Adam Pascu (Keller Williams Realty)


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Real Estate Agent: Adam Pascu (Keller Williams Realty)
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