New Energy Politics
Date: Monday, December 10, 2007 @ 23:57:56 MST
Topic: Legal

Pelosi Issues Statement on Failure of Senate to Pass New Energy Bill

On Friday, the Office of the Speaker of the House Nancy Pelosi released her statement in response to the Senate's failure to invoke cloture on a House-passed energy bill.

Cloture is defined as the one procedure through which the Senate can vote to place a time limit on consideration of a bill or other matter in order to overcome a filibuster. Under Rule XXI, the Senate may limit consideration of a pending matter to 30 additional hours, but only by vote of not less than three-fifths of the full Senate, which typically means no fewer than 60 votes.

"I am disappointed that the Senate was unable to move forward today on the historic energy legislation the House passed yesterday. The House will work with the Senate on a bipartisan basis to pass a strong energy bill and send it to the President's desk for his signature," stated Pelosi.

Those in the Senate who are opposed to the new energy bill, largely Republicans, do not like the roll-back of oil companies' tax breaks, mandates for alternative energy minimum electricity generation levels by 2020, or the inclusion of pork. The cloture bid was shot down by a vote of 53-42.

The Bush Administration has already said the President will veto the bill if the tax break roll-backs and renewable energy mandates are not amended or removed. The elimination of the tax breaks would cost big oil companies an additional $13 billion over the next decade, and those opposed are concerned that that would hinder their business and drive up oil and gas prices.

Republican critics have stated that government cannot tax better fuel and energy standards and policies into existence and they must be engendered by the free market. They argue that creating taxes and mandates harms consumers and the economy by sharply driving up prices...

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