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Senate Passes Bill to Reduce Oil Dependency
Thursday, December 13, 2007(National Wildlife Federation)
Statement by Larry Schweiger
President
& CEO, National Wildlife
Federation
Regarding Passage of Watered Down
U.S. Senate Energy Bill
"Today the
Senate passed an energy bill that helps reduce
America's oil dependency and takes an important
step toward reducing global warming pollution.
Unfortunately, the bill does not close $13
billion worth of tax loopholes and subsidies
for the oil industry and reinvest the money in
clean and renewable energy technologies.
Earlier in the day, 40 Senators blocked the
bill, forcing Senate leaders to jettison the
tax provisions.
"Oil companies have
given $8 million to Senators over the past four
years. Today's action by 40 Senators proved
they have gotten their money's worth: $1,600 in
tax breaks for every dollar the oil industry
has spent in campaign contributions. For a
breakdown of oil and gas company contributions
to senators who blocked a measure to rollback
oil company giveaways, see related
documents.
"We applaud the leadership of
Senate Majority Leader Harry Reid, who pressed
several times for more comprehensive clean
energy measures. In the end, Sen. Reid was
still able to pass through the Senate the first
congressional overhaul of fuel economy
standards since the era of the 8-track tape
player.
"The bill increases vehicle fuel
economy standards by 40 percent and will save
consumers $40 billion a year at the pump and
help spur innovation and new American jobs. Its
improved energy efficiency standards covering a
wide range of products, lighting and buildings
will also benefit American consumers.
"The Energy Bill also improves
provisions that boost homegrown biofuels and
reduce our dependency on oil. The improvements
include performance-based standards to ensure
biofuels significantly curb global warming
pollution and help to ease some of the impacts
of biofuels production on wildlife and native
habitats. National Wildlife Federation has
advocated for these additional standards as
important protections for the future of
wildlife.
"Today's energy bill is an
important step, but the work of the U.S. Senate
on global warming remains unfinished. The
Senate should quickly build on this measure and
take up comprehensive legislation that tackles
global warming head-on. We must start now and
put ourselves on track to reduce pollution by
two percent each and every year, ultimately
cutting pollution by 80 percent by mid-century.
We can do that. The recent Senate Environment
Committee victory to approve the
Lieberman-Warner Climate Security Act is
another sign that Congress is ready to do more
on global warming."
For a breakdown of
oil and gas company contributions to senators
who blocked a measure to rollback oil company
giveaways, see related documents.
Related Documents
- Senate Passes Bill to Reduce Oil Dependency
Senate Passes Bill to Reduce Oil Dependency