From the NinerOnline from Charlotte. Steve Kagen is getting press coverage from all over this country. Seems all sorts of people are taking notice of Wisconsin's 8th district congressman.
"Historic energy bill faces a tough road aheadCongressman Kagen, wasn't the 787 billion to a trillion dollars you passed in the stimulus bill supposed to create jobs? Now you want to blow another $190 billion.
Rob McCormick, Jr.
Staff Writer
Published: Monday, July 6, 2009
Updated: Monday, July 6, 2009.
The U.S. House of Representatives narrowly approved a historic energy bill on June 26 and the bill makes its way to the Senate later this month.
The comprehensive 1,400 page Clean Energy and Security Act of 2009 marks the most aggressive energy bill ever passed by the U.S. House and faces a great deal of controversy and criticism. The Clean Energy and Security Act of 2009 require the United States to reduce green house gas emissions 17 percent by 2020 and 80 percent by the end of the century. Measures are established in order to assist those industries impacted by a low carbon economy.
The reduction in green house gas emissions through the Clean Energy and Security Act will exceed President Obama’s goals of reducing emissions to 1990 levels by the year 2020.
However, the environmental benefits are not the only gains taken into consideration with the passage of this bill. Through the creation of new energy sources an estimated 1.6 million domestic jobs may be created.
Congressman Steve Kagen says, “It provides $190 billion of investment in developing new sources of energy that are less carbon dioxide producing.""
Niner Online - Historic energy bill faces a tough road ahead
While the benefit to the environment and creation of new jobs sounds promising enough, critics argue that there are some serious costs not being properly considered. The EPA estimates that the average household will see an $80 - $110 per year increase to their energy bills. Businesses will also face an increase in operating costs, not only through an increase in energy costs but also in the newly required building codes that the bill requires.
Many critics fear that the increased expenses for businesses to operate may very well lead to staff layoffs.
The entire process of completing the Clean Energy and Security Act of 2009 may be finished by the end of this year if the Senate approves the bill.
However, with such narrow margins in the House, passing this bill in the Senate could prove to be much more challenging.
2 comments:
When the salesman isn't delivering the consumers will fire him and look for a representative who has ideas that work.
Marc, thanks for the comment.
Kagen sure thinks he special.
It will be interesting in 2010.
Have a GREAT week.
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