Senate Democrats put forward Energy Package
WASHINGTON, D.C. – Today a group of Senate Democrats put forward an energy bill. The bill follows a proposal that came out of the House Energy and Commerce Committee in July. Specific provisions include:
- Ending some subsidies for fossil fuels and closing some oil and gas tax loopholes;
- Incentivizing clean energy such as solar and wind through grant programs and tax incentives; and
- Encouraging carbon capture and sequestration, nuclear and biofuels.
Friends of the Earth Climate and Energy Director, Ben Schreiber, offers the following statement in response:
Congress must put forward a vision for how we can transition to a clean energy economy. Our country must lead the world in the fight against climate change.
Unfortunately, the time has passed for half-measures. Extending subsidies for renewables and ending Big Oil giveaways are important steps, but we cannot afford to throw our tax dollars after false solutions.