Bill Mandating 25% of U.S. Energy from Renewables by 2025 Introduced in House 17 comments
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By Ucilia Wang
Two Congressmen have authored a bill that would require 25 percent of the electricity generated in the United States to come from renewable sources by 2025.
Reps. Edward Markey, D-Mass., and Todd Platts, R-Pa., introduced the American Renewable Energy Act on Wednesday. If passed, the legislation would take effect in 2012. Markey also introduced another bill that would require the nation to cut its power use by 15 percent by 2020. The reductions would result from setting new codes for buildings and appliances, and from utility-run or other programs that encourage conservation.
The lawmakers claim that the two bills together would create more than 500,000 jobs while saving people more than $180 billion in energy costs.
The Union of Concerned Scientists has endorsed the renewable energy bill, saying it would increase renewable energy generation by 135 percent above what current federal and state policies would create.
The two lawmakers hope a new administration would make it possible to pass the two bills. They tried to get a renewable energy standard passed in 2007, but it didn’t receive enough support in the Senate, reported Grist.
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But I'm all for it. Indeed, let's mandate 100% so we can get this inanity over with and completely bury our economy.
Oh, it's going to be hard for alot of people alright. Like everyone trying to earn a living in the USA.
I agree people are goingto have a tough time with employment and earning a wage but I think alternative energy is part of the answer all the way around.
Of course, what would you expect from Congressman Markey.
As far as the (soviet) union of concerned scientists?
mostly found in higher education where they are totally supported by the generousity of taxpayers. They are just voting their pocketbook.
For those and others who only look at what they can tear down tear through this:
1. Our effective cost per gallon of gas is ~$10.00 when one factors in the roughly $30 billion dollars in tax subsidies ANNUALLY provided to the oil and gas industry. This is the most egregious, downscale tax imaginable. Moreover, the oil and gas companies simly need to bid and secure future leases and INTENT to drill for the largess we reap upon them every year. This ponzi scheme against the American taxpayer is one of our dirtiest tax secrets.
The attempted movement away from an oil-based economy is long overdue. Eliminating these subsidies and replacing them with a carbon tax and offsets would be a dandy replacement for current outlays while returning the investment towards modernizing the electrical grid and smart energy technologies. Even an oil guy as purile as T. Boone Pickens has attempted to wake up and smell the coffee.
2. Add to that tax subsidy the protectionist import rules on sugar, milk, etc. Removing sugar tariffs alone and replacing this supply with a much more efficient cane sugar ethanol source could end the corn producer/fertilizer manufacturers stranglehold on the taxpayer's neck. If one wants to make the small farmer argument, then set resdiency, gross receipts and size requirements on farm subsidies. This reward for planting inefficient crop supply and for NOT PLANTING crops drawfs even the oil subsidies.
3. For people who don't count the payroll, FICA, SUI, etc. automatic worker payroll contributions while conveniently ignoring the offshore accounts, shell businesses, and other manipulative uses of the tax code by those who can afford tax attorneys, don't be so quick to condemn the extra pittance through earned income tax credits and such put into the pockets of those who actually contribute a day's labor for a fair wage vs. the incredible sums paid to those who move money through the system. Look where that system of rewards has put us.
4. Finally, would someone please explain to me why there is a ~$100 K cap on wage contributions to Social Security? Are you considering that tax subsidy when you make your observations on energy conservation mandates and stimulus investment?
On Feb 05 05:07 PM happycajun wrote:
> Because they are hitting the moonshine all year round!
You know it's odd that at least two people read your comment, but no one has stepped up to the challenge I put out there.
Any bold supply-sider out there ready to refute the four contentions put forward?
Mediapro
On Feb 06 03:49 PM JE wrote:
> Mediapro spoke a lot of truth in a very short space.