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Author	Topic:   Should this be taken seriously?
KGB Moderator	posted 06-21-2007 04:52 PM             is this a serious bill, or a publicity stunt that its own backers are confident has zero chance of passing? quote: With the the concurrence of the ranking Republican on the Senate Finance Committee, Charles Grassley of Iowa, and others (Gordon Smith of Oregon, Olympia Snowe of Maine and Pat Roberts of Kansas, all Republican), the committee is proposing $29 billion in new taxes on oil companies. The tax is to subsidize wind and solar power, hybrid vehicles and biofuel. The bill calls for a sharp increase in the use “renewables,” including heavily-subsidized ethanol, up from 8.5 billion gallons next year to 36 billion gallons by 2022. And it requires, too, that utilities would be required to buy at least 15 percent of their energy from wind, solar and other “renewable” sources. IP: Logged
SPQR Moderator	posted 06-21-2007 08:07 PM             Did you intend the forum above? IP: Logged
KGB Moderator	posted 06-21-2007 09:00 PM             quote: Originally posted by SPQR: Did you intend the forum above? I meant to put it in the energy forum, which some misfiring neurons thought was spelled "physics, astronomy, and cosmology." :blush: [This message has been edited by KGB (edited 06-21-2007).] IP: Logged

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