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Monday, August 01, 2005

What does the new energy bill do for us?

The new energy bill was passed by Congress, and is expected to be signed into law by President Bush shortly. What does this bill do for us?

Reduces gas prices at the pump? No!

Reduces oil imports from foreign nations by encouraging local renewables? Not appreciably!

Tightens emissions controls for cleaner air and water? No!

Protects the artic from drillers looking for just 2.5 years worth of oil? No!

Increases fuel efficiency requirements for the auto industry? No!


Philip Clapp, president of the National Environmental Trust, said all sides of the rancorous debate that accompanied the energy bill's passage had missed the point.

"Both Republicans and Democrats are completely paralyzed in addressing the nation's three big energy challenges -- reducing our dependence on Middle East oil, reducing gasoline prices for consumers, and beginning to shift our economy to renewable energy technologies," he said.


Rick Mueller, senior oil analyst at ESAI Energy Security Analysis says:

"The winners really are the energy industry,".


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What can you do? Check out ESSN for some ideas on how you can reduce your energy usage and costs.


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