Same bill different year:
In most ways, the bill, due back in the House this week, has changed less over four years than the Rocky Mountains. It deservedly died each congressional session and was resurrected in the next, remarkably well preserved. Its emphasis remains almost entirely on drilling and exploration for oil and gas (much of it in environmentally sensitive areas), and on $8 billion in tax breaks for companies.It doesn't fix anything:
The billion-dollar subsidy for an Idaho nuclear plant is still there. So is the provision to shield producers of the gasoline additive MTBE from environmental-damage lawsuits in California and other states. Drilling in the Alaska National Wildlife Refuge; incentives for expanded offshore oil and gas exploration; breaks for polluting coal-burning power plants; and diminished environmental regulation for drilling, paving and pipelines elsewhere? Still there, being pushed just as hard by President Bush.
The few policy changes are not improvements. Former versions would have done little to encourage alternative sources of energy or to conserve fuel. Now the bill does even less. Gone are tax credits for energy- efficient new homes and commercial buildings. The bill does not extend the tax deduction for hybrid vehicles.
Despite Bush's arguments for more drilling, the United States doesn't have nearly enough in reserves to drill its way to oil independence, even including wilderness lands.It's time for a real energy policy and not time for something that is nothing but corporate welfare for the energy industry. Of course the best we can hope for is that the porky bill will once again be defeated by the Senate.
By contrast, energy conservation would provide both immediate and long-term improvement, as it did in the 1970s. California has shown the way by requiring energy- efficient appliances and building materials, neither of which has a spot in the federal bill. Fuel economy for vehicles isn't under discussion, though U.S. fuel standards for passenger cars haven't been updated for 20 years.
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