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U.S. Rep. Joe Barton, R-Texas, chairman of the House Energy and Commerce Committee, made the following statement on Tuesday during the full committee markup of several bills addressing energy issues. All five bills passed unanimously by voice vote. “Today we consider five bills, all aimed at addressing today’s energy issues. They involve energy conservation, consumer education, renewable and alternative energy. H.R. 5534 was introduced by Reps. Rogers and Fossella. It is a bill that would establish a grant program in the Department of Energy’s Clean Cities Program to expand the availability of alternative fuels. It is funded by the penalties collected under the CAFE program. “We are at a crossroads with alternative fuels in this country. More than 6 million vehicles can actually use E85, but their drivers have few places in which to purchase this fuel. There are only about 800 E85 fueling stations across the entire United States. E85 reduces dependence on foreign oil, but the value of a tank full of E85 diminishes considerably if everybody has to drive a hundred miles to fill up. This bill will take CAFE penalties, which in 2004 totaled over $20 million, and spend that money to build a network of […]
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URL: http://www.rrstar.com/apps/pbcs.dll/article?AID=/20060621/BUSINESS04/106210020 Website: http://www.rrstar.com/apps/pbcs.dll/article?AID=/20060621/BUSINESS04/106210020
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URL: http://www.planetark.com/dailynewsstory.cfm/newsid/36956/story.htm Website: http://www.planetark.com/dailynewsstory.cfm/newsid/36956/story.htm
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By David Morris, June 21, 2006 MINNEAPOLIS – Congress is considering several bills to extend the 51-cent-per-gallon tax credit for ethanol producers beyond its 2010 expiration date. But let’s hope that our elected representatives don’t make their decision in the grips of an ethanol haze. The state of the ethanol industry changed so substantially since the last extension, one year ago, that a fundamental and clearheaded redesign is in order. Sky-high oil prices and a national ethanol mandate have undermined the rationale for incentives. With oil at $60 a barrel, ethanol can compete with gasoline without federal subsidies. For much of 2005, oil prices approached or surpassed the $60 level. In recent months, they’ve hovered near $70. Last year, Congress ordered a near doubling of ethanol sales by 2012. Industry has responded so rapidly that the nation may have enough capacity to meet the Congressional goal by 2008. Indeed, Congress is already debating measures to increase mandated levels to 10 billion gallons in 2010 and 30 billion in 2020. If the current 51-cent-per-gallon tax credit remains in place, these mandates would cost the Treasury Department $5 billion in 2010 and more than $15 billion in 2020. In the face of […]
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URL: http://www.unionleader.com/article.aspx?headline=Jaffrey+pellet+firm+practices+what+it+preaches&articleId=54bc7cdb-5173-4405-b8e3-1c842b900da8 Website: http://www.unionleader.com/article.aspx?headline=Jaffrey+pellet+firm+practices+what+it+preaches&articleId=54bc7cdb-5173-4405-b8e3-1c842b900da8
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URL: http://www.planetark.com/dailynewsstory.cfm/newsid/36927/newsDate/21-Jun-2006/story.htm Website: http://www.planetark.com/dailynewsstory.cfm/newsid/36927/newsDate/21-Jun-2006/story.htm
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