Senate debates $32.1 bln in energy incentives
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The U.S. Senate on Tuesday rejected  contentious incentives to convert coal into liquid transport  fuels, as tax-writers proposed giving $32.1 billion in new  incentives to produce cleaner energy, and sticking Big Oil with  most of the bill in the form of new taxes.
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A group backed by the coal industry and its utility allies is waging a $35 million campaign in primary and caucus states to rally public support for coal-fired electricity and to fuel opposition to legislation that Congress is crafting to slow climate change.
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By Tom Pelton, The Baltimore Sun  Mar. 10--Senate President Thomas V. Mike Miller and other leading Democrats are sponsoring a bill that would cut back the state's environmental review of proposals to build large wind turbines.
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As motorists face near record gasoline prices, the Senate took up an energy bill Tuesday that would raise auto fuel economy standards for the first time in nearly 20 years and make oil industry price gouging a federal crime.
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The U.S. Energy Department on Wednesday put itself on a collision course with Senate Democrats with a plan to buy more oil for its strategic reserve even as prices hover near $90 a barrel.
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The Senate yesterday rejected two additions to an energy bill that would have pumped billions of federal dollars into efforts to ramp up production of a coal-based fuel for cars and trucks, which proponents had called an important alternative to petroleum.
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After a day-long attempt to delay action, the Senate moved forward Sunday with debate on a $136 billion corporate tax cut package.
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By a narrow margin, the Senate today failed again to block a Republican-led filibuster on an energy bill as GOP leaders made a stand to prevent a $21.8 billion, 10-year tax package that would have extended incentives for wind and solar and reduced some tax breaks for oil companies.
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Senate Majority Leader Harry Reid  said on Thursday he would scale back the controversial taxes in  a broad energy bill aimed at boosting U.S. vehicle fuel  efficiency to avoid a White House veto and appease Republicans  who were ready to filibuster the measure.
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The U.S. Energy Department on  Wednesday put itself on a collision course with Senate  Democrats with a plan to buy more oil for its strategic reserve  even as prices hover near $90 a barrel.
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The Senate will begin debate this  week on legislation to reduce America&#39;s gasoline demand by  increasing the fuel economy of cars and trucks and boosting the  use of non-petroleum fuels like ethanol, Senate Majority Leader  Harry Reid said on Monday.
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A Senate blueprint for tackling global warming would require power plants and vehicles to reduce their greenhouse gases by 70 percent. A chief sponsor said President Bush's approach of voluntary action will not meet the goal.
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Representative John D. Dingell, Democrat of Michigan, plans to propose raising the cost of burning oil, gas and coal, in a move that could shake up the debate on global warming.
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The prospect of a comprehensive energy package has been held up by technical hurdles and policy disputes between the House and the Senate and within the parties.
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Senators reached agreement yesterday on a proposal to increase automobile fuel economy standards to 35 miles per gallon, the first significant boost demanded of automakers in nearly 20 years.
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Dozens of senators -- including  leading 2008 presidential contenders from both major parties --  met on Tuesday to swap proposals that could spur the country's  first-ever mandatory caps on greenhouse gases.
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Business & money: Decisions needed now to ensure energy for 20 years, says minister.