Today and tomorrow, the House Energy and Commerce Committee will mark up H.R. 3548, the “North American Energy Access Act,” Rep. Lee Terry’s (R-Neb.) bill to nullify President Obama’s rejection of the Keystone XL Pipeline. The bill requires the Federal Energy Regulatory Commission (FERC) to issue a permit for the pipeline within 30 days of receiving an application. If FERC fails to act on the application within the 30-day period, the bill deems the permit to have been granted.
Waxman and Markey: From Cap-and-Trade to Ban-the-Trade
Committee Democrats lack the votes to defeat the bill, but they hope to use the markup to turn the rhetorical tables on Republicans, who claim Keystone XL will enhance U.S. energy security by reducing our dependence on Middle East oil.
Reps. Henry Waxman (D-Calif.)…
Today, the House Energy and Commerce Subcommittee on Energy and Environment will hold a hearing on the Blowout Prevention Act of 2010. A draft of the legislation and other pertinent documents are available on the Subcommittee’s Web site.
Although the draft legislation and hearing documents address serious problems brought to light by the Committee’s ongoing investigations, the Blowout Prevention Act would throw the baby out with the bath water.
To restate the obvious, although oil spills are bad, oil is good. Without oil, there would be no modern commerce and no mechanized agriculture. Life for most people would be “nasty, brutish, and short,” and many of us would not even be alive. Another obvious point — British Petroleum (BP) is to blame for the worst environmental disaster in U.S.…
Last weekend, Sens. John Kerry (D-MA) and Lindsey Graham (R-SC) co-authored an op-ed in the New York Times titled, “Yes We Can (Pass Climate Change Legislation).”
Kerry and Graham want to pass a Senate companion bill to H.R. 2454, the American Clean Energy and Security Act (ACES), also known as Waxman-Markey, for its chief sponsors, Reps. Henry Waxman (D-CA) and Ed Markey (D-MA). Waxman-Markey narrowly passed in the House by a vote of 219 to 212. Only eight Republicans — under 5% of those voting — supported the bill.
The overtly partisan character of Waxman-Markey is one of the reasons some observers conclude that Congress will not pass a cap-and-trade bill this year. Cap-and-trade “works” by raising consumer energy prices, and Democrats are loathe to increase household utility bills and pain at the pump unless they can snooker Republicans into giving them bipartisan cover.…