Tuesday, August 14, 2007

Renewable Energy Update

Posted By on Tue, Aug 14, 2007 at 12:00 AM

Congressman Ciro Rodriguez stopped by the office to brag about the brand new 15 percent renewable energy standard passed (HR 3221) in the US House of Reps last Saturday. Previous efforts of a 20% standard failed, never making it out of committee.

The mandate was part of the House version of a new energy bill sweeping both chambers of Congress. The House also passed a companion tax package (HR 2776) that would create a new tax on oil and natural gas companies and use the money as production incentives for renewable energy.

The standard and accompanying tax package still face a variety of obstacles, including tough opposition in both the Senate and the White House. Will this “little bill that could” survive conference between the two chambers? Stay tuned to the current blog for new information.

For more on renewable energy standards and CPS’s renewable energy efforts read our July piece Plugged into Wind.

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