-Caveat Lector- New Green Energy and ANWR Bill in the Works!
Representative Devin Nunes (R-CA) has introduced the American Made Energy Freedom Act (HR- 5890) to Congress today targeting the opening of the 10-02 Area Coastal Plain of ANWR for oil and gas exploration and the funding of alternative energy sources such as ethanol, solar and coal-to-liquid fuels. The bill is a complete energy package with three distinct objectives: 1. Authorizing the opening of the 1.57 million acre 10-02 Area of ANWR for oil and gas exploration. This would include: limiting the total development footprint to 2000 acres or less than .01% of ANWRs area; banning the export abroad of any oil found there; ensuring a 50-50 split of oil revenues between the State of Alaska and the Federal Government; requiring the uses of state-of-the-art oil exploration equipment for protection of the environment; and providing an impact aid program for local government and community service assistance. 1. Tax incentives for cellulosic biomass ethanol, solar and fuel cell property and liquid fuels derived from coal. This includes: an increase to $1.25 tax credit per gallon of ethanol produced; 30% increase in tax credits to businesses purchasing solar power plants or homes using solar heaters, fuel cells and equipment; extension of the $.50 per gallon tax credit on production of coal-to-liquid fuels. 1. Creation of a $39 billion (over 30 years) American-Made Energy Trust Fund from ANWR oil revenues. This fund would be used to pay for alternative energies such as: production of and research into forest/cellulostic biomass fuel; development of a national bioenergy program; funding of a loan guarantee program for creation of commercial byproducts from municipal solid waste and cellulosic biomass; funding of a renewable national fuel program; and funding of research into new innovative energy development. The bill goes far to make clear that the US government supports a comprehensive package of energy improvements in the United States to offset the fiscal, social, and material drain that comes from importing 60% of our national oil consumption. The bill will hopefully win over staunch anti-ANWR politicians such as Rep. Pelosi, Markey and the Udals, as well as Senators, Cantwell, Kennedy, Boxer, and Feinstien who all continually work against any ANWR legislation. The unique aspect of this bill is the alternative energies American-Made trust fund powered by ANWR oil revenues. This fund would be the worlds largest single fund for alternative energy production and research ever amassed. Part of the irony of ANWR legislation is that it is one of only a handful of issues that come up before Congress that costs the American people and Congress nothing yet brings in billions and billions of dollars in royalty revenues. With the alternative energies trust fund anti-ANWR radical environmentalists would have little to complain about should this measure be passed. Part of the problem with any governments proposal to look into the research of alternative energies is answering the question of who will pay for it? In the last energy bill, EPACT, passed by Congress in December politicians demanded research and development of alternative energies, yet the billions of dollars required to be spent into potential discoveries of cleaner alternative fuels is beyond the reach of most all private companies. Nuness bill makes ANWR royalties the solution, and perhaps are an appropriate compromise between environmentalists, the government, and the oil industry on the ANWR debate. Representative Nuness bill makes this the third installment of ANWR legislation pending on this years Congressional books. The Senate Budget Resolution (S. Con. Res 83) which successfully passed the Senate and contains a ANWR provision is sitting in Joint House/Senate Conference Committee waiting to be released for final vote, and most recently, Congressman Pombos ANWR stand alone bill, HR5429, is sitting in the books of the Senate having successfully passed the House. ANWR legislation is supported by a majority of the House and Senate yet continually is blocked by filibuster in the Senate (requiring 60 votes to break the deadlock). It is hoped that the American-Made Energy Trust Fund creation will win over enough Senators to overcome this yearly deadlock and finally allow America to enjoy a fully funded sensible national energy plan. Representative Nuness bill is not expected to be debated until September when Congress returns from August recess. Representative Nunes web site is located at: http://nunes.house.gov/ Comprehensive bill information can be found at: http://nunes.house.gov/energy_bill.htm # :: Posted on July 27, 2006 :: Remember:More people have died in Ted Kennedy's car than have died in United States Commercial Nuclear Power plant operations visit my web site at http://www.info-quest.org Visit my energy page at http://www.info-quest.org/Energy.html Check out the latest on the anwr drilling project http://www.anwr.org visit my blog at http://info-spectrum.blogspot.com My ICQ# is 79071904 See the Pledge of alleginace to the flag that the 9th circuit court of appeals doesn't want you to say. for a precise list of the powers of the Federal Government linkto: http://www.info-quest.org/Enumerated.html www.ctrl.org DECLARATION & DISCLAIMER ========== CTRL is a discussion & informational exchange list. Proselytizing propagandic screeds are unwelcomed. Substanceânot soap-boxingâplease! These are sordid matters and 'conspiracy theory'âwith its many half-truths, mis- directions and outright fraudsâis used politically by different groups with major and minor effects spread throughout the spectrum of time and thought. That being said, CTRLgives no endorsement to the validity of posts, and always suggests to readers; be wary of what you read. CTRL gives no credence to Holocaust denial and nazi's need not apply. Let us please be civil and as always, Caveat Lector. ======================================================================== Archives Available at: http://www.mail-archive.com/ctrl@listserv.aol.com/ <A HREF="http://www.mail-archive.com/ctrl@listserv.aol.com/";>ctrl</A> ======================================================================== To subscribe to Conspiracy Theory Research List[CTRL] send email: SUBSCRIBE CTRL [to:] [EMAIL PROTECTED] To UNsubscribe to Conspiracy Theory Research List[CTRL] send email: SIGNOFF CTRL [to:] [EMAIL PROTECTED] Om
