Motion To Adjourn
I thank the chairman. Mr. Speaker, this week I received an e-mail message from a constituent of mine in Lawrenceville, New Jersey. She said: ``Please help turn the tide by doing not a little but a lot to help solar, wind, hydrogen become…
I thank the chairman.
Mr. Speaker, this week I received an e-mail message from a constituent of mine in Lawrenceville, New Jersey. She said: ``Please help turn the tide by doing not a little but a lot to help solar, wind, hydrogen become the mainstream energy sources and turn oil into the alternative.''
She is right. This legislation which will end the subsidies, renegotiate the leases, and use the revenues to develop sustainable energy technologies is a very good start.
There are any number of things. Take wind energy. The United States does not lead the world in total production of wind energy. We fall behind Spain, Germany, Denmark. It is because these governments have made commitments that we have not. We have lost some technological leads that we have had, and we won't lessen our addiction to foreign oil in the United States without making investment in these sustainable energy sources. Wind is just one example. Generating power from the oceans is another. This bill is not enough, but it is a good start.
I rise today in support of H.R. 6, the Creating Long-term Energy Alternatives for the Nation Act or the CLEAN Energy Act. This is an important step for our nation in reducing our dependence on foreign oil and I commend Speaker Pelosi, Chairman Rahall, and Chairman Rangel for including this legislation in the first 100 hours of legislative business in the 110th Congress.
We have already heard from our colleagues today about the three major tenets of this bill--ending subsidies for large oil companies, renegotiating leases for oil companies that have avoided paying royalties on leases they signed in 1998 and 1999, and creating the Strategic Energy Efficiency and Renewables Reserve. I would like to take some time to speak about the importance of the Strategic Energy Efficiency and Renewables Reserve.
The new sustainable energy reserve created in this legislation will be funded by repealing the tax breaks that have been provided to the large oil companies, who consistently reap excessive profits at the expense of the American consumer. There is a lot that is funding can be used for. It is my hope that we focus our attention on research and development of sustainable energy sources and invest in the technologies needed to wean ourselves from fossil fuels.
One example of a real investment is the wind industry. It was once the case that the wind industry was based-only in California. Production across the country has increased, and I commend the industry for the progress they have made. There is, of course, still more we can do. The United States does not lead the world in total production of wind energy--we fall behind Spain and Germany. These countries have a greater commitment to wind energy than we. And Denmark has made a turnaround in the past thirty years, moving away from relying solely on oil to relying a great deal on wind power for their electricity. This is because the government in Denmark made a real commitment to investing in this technology. The United States can and should be the leader on wind energy. With the proper investment from the government, it will be.
According to the American Wind Energy Association, 46 of our states have the potential to produce significant wind energy. We must harness this potential across our country and make a real commitment to wind power. We can start by including a long term extension of the production tax credit. We can also adopt a renewable portfolio standard, which over twenty states have already done on their own.
We will not lessen our addiction on foreign oil in the United States without making the investment in alternative energy sources now. Wind energy is not the only solution to our energy needs. Neither is generating power from the ocean. But investing in research and development in a variety of different sustainable energy sources will lead us on our path to energy independence. But having a dedicated renewable energy reserve to fund this research and development is an important step.
Many of my constituents have written to me over the past few years passionately urging us in Congress to reverse our energy policy. Just last Friday, I received an email from a constituent of mine in Lawrenceville, New Jersey. She said ``Please help turn the tide by doing not a little, but a lot, to help solar, wind, and hydrogen [power] become the mainstream energy source[s]--and turn oil into the ``alternative''.'' She is right. We must do something drastic to change our energy policy and put our country back on a rational energy path. Making advancements in sustainable energy sources is a major component of where our energy policy should be.
Of course, this bill is not enough. But it is a start, and a very good start. Once we pass this bill, we will be able to consider other alternative energy legislation and I am confident that we will. I urge my colleagues to support this bill.