All articles tagged with #energy bill
Republican lawmakers and industry experts expressed concerns at the POLITICO Energy Summit that the recent GOP megabill may undermine US energy production by cutting clean energy tax credits for wind and solar, potentially hindering renewable growth and energy reliability, while debates continue over the bill's provisions and the independence of FERC amid political pressures.
France's new energy bill prioritizes the further development of nuclear power and avoids setting targets for solar, wind, and other renewables, drawing criticism from activists and experts. The proposed text reaffirms the country's commitment to nuclear power but does not include specific targets for renewable capacity. Critics argue that this move represents a significant step backward and is inconsistent with European objectives for carbon neutrality.
A popular restaurant in New Orleans, Saint John, had to close its doors and lay off over 40 employees after receiving a $40,000 energy bill from Entergy. The owner, Eric Cook, claimed the bill came from a meter he didn't know existed and couldn't afford to pay. Entergy responded by stating they reached out to discuss the account but received no response from the restaurant ownership. Cook is now working with other restaurant owners to find new jobs for his former employees and calls for change in the city to prevent more businesses from closing.
The Republican-led House passed an energy bill aimed at increasing oil drilling and rolling back parts of President Biden’s climate agenda, with no chance of passing in the Senate and a veto promised by Biden. The House adjourned for a two-week recess as a standoff with Biden continues over raising the debt limit and as Republicans continue to delay producing a budget plan. The Senate is also heading into a recess while Biden touts new measures related to banking safeguards and electric vehicles.
House Republicans passed a sweeping energy bill aimed at pitting fossil fuels against President Joe Biden’s climate change agenda. The bill won’t advance in the Democratically controlled Senate, but Republicans can use it as a cudgel ahead of the 2024 election. The bill seeks to address some core Republican energy priorities from the past decade, from disapproving of Biden’s block on the Keystone XL pipeline to mandating more oil and gas lease sales and making it harder for states to block the construction of interstate pipelines that cross their borders. Biden has vowed to veto the bill, known as the Lower Energy Costs Act.
The Republican-controlled US House of Representatives is set to vote on its first major legislation of the year, a partisan energy bill that aims to lower Americans' energy costs by scaling back President Joe Biden's climate policies and increasing oil and gas production through deregulation. The bill has stirred reservations from at least five Republicans, including Florida lawmakers who oppose existing wind energy leases off the state's coast. Democrats have decried the legislation as a giveaway for the oil industry and have labeled it as "dead on arrival" in the Democratic-led Senate.
Two South Texas Democrats, Reps. Vicente Gonzalez and Henry Cuellar, plan to vote for the Republicans' sweeping energy and permitting bill, which would overturn much of President Joe Biden's climate agenda. The bill could get a vote in the House as soon as this week before Congress breaks for its Easter recess. The two Democrats represent districts heavily populated by blue-collar oil and gas workers, and their vote on the Republican package is a sign of support for undoing provisions they voted for only months ago. However, with the Senate still in Democratic control and the House Republican majority too small to overcome a presidential veto, the bill is all but dead on arrival.
The Biden administration has issued a veto threat against a GOP-led energy bill, dubbed "The Lower Energy Costs Act," which aims to change the energy permitting process and boost domestic energy production. The White House argues that the bill will "raise costs" for consumers and "would take us backward." The energy package is a top priority for House Republicans, but it is unclear if the bill has a path toward passage in the Democratic-controlled Senate. If it passes both chambers, it would then require a two-thirds majority vote in the House and Senate to override Biden's veto.