Tag Archives: energy costs

Will House Democrats get BTU’d on climate change?

A House vote in 1993 laid the groundwork for an important upcoming House vote on climate change legislation.
In 1993 then-Vice President Gore led the Clinton Administration to propose increasing the taxation of energy.  Called the “BTU tax,” the Administration proposed to tax the energy content of a fuel source, measured in British Thermal Units [...]

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The wrong way to address climate change

The Senate is now debating a climate change bill, typically referred to as the “Lieberman-Warner” bill, referring to Sen. Joe Lieberman (I-CT) and Sen. John Warner (R-VA).  Technically, we think they’ll end up considering a slightly different version of that bill, offered by the Chair of the Senate Environment and Public Works Committee, Sen. Barbara [...]

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Food prices & food aid

The President spoke this afternoon about high food prices and food aid.  If you’d like more detail, here’s our “fact sheet”.  And if you really want to dive down deep, here is a transcript of a press briefing done by three senior administration officials after the announcement:  OMB Deputy Director Steve McMillin, CEA Chairman Ed [...]

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Veto threat on House energy bills

As a follow-up to last night’s note on the energy bills the House is considering today, here is the Statement of Administration Policy (SAP) on these two bills.
The key sentence is:
Because H.R. 2776 and H.R. 3221 fail to deliver American consumers or businesses more energy security, but rather would lead to less domestic oil and [...]

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Much ado about nothing: the House energy bill

In his State of the Union address, the President proposed an energy plan we call “Twenty in Ten”.  The goal is to reduce U.S. gasoline usage by 20% within 10 years (by 2017).  There are two main components to 20 in 10 that would reduce gasoline usage:

fuel economy standards – we would increase the “CAFE” [...]

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