H.R. 6: Creating Long-Term Energy Alternatives for the Nation Act
December 6, 2007
On Thursday December 6, 2007 the House considered amendments to H.R. 6: Creating Long-Term Energy Alternatives for the Nation Act. Over the summer, the House passed comprehensive energy legislation and yesterday's consideration was a step towards merging the House and Senate bills so that a single bill could be sent to the President for his signature.
This legislation would raise Corporate Average Fuel Economy (CAFE) standards to 35 miles per gallon by 2020. CAFE standards have not increased in 32 years. Also by 2020, electric utilities would be required to generate 15% of their electricity from renewable sources. The bill requires the Department of Energy to update energy efficiency standards for furnaces, air conditioners, furnaces, and washing machines.
It eliminates tax benefits for oil and gas companies and uses these revenues to offset the cost of the CAFE standards as well as to extend the renewable energy production tax credit, solar energy and fuel cell investment tax credit, and the residential energy efficiency tax credit. H.R. 6 also authorizes $2 billion for new Clean Renewable Energy Bonds to finance clean energy generating facilities.
I voted YES. The amendments passed in the House and the package will now go to the Senate for additional action. The President has threatened a veto. The entire vote is recorded below:
Contact: Alison M. Mills (617) 621-6208
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