Energy Independence And Security Act Of 2007
Mr. Speaker, I rise with disappointment in the lack of pro-energy and pro-consumer provisions contained in the Democrat energy bill being considered on the House floor today. I strongly oppose passage of the House Amendment to H.R. 6 and…
Mr. Speaker, I rise with disappointment in the lack of pro-energy and pro-consumer provisions contained in the Democrat energy bill being considered on the House floor today. I strongly oppose passage of the House Amendment to H.R. 6 and urge my colleagues to join me in defeating this bill. We should work in a bipartisan manner to pass real solutions for America's growing energy needs.
The American economy has ups and downs. But overall it continues to grow, producing jobs for American workers. To keep pace with our economy, more reliable and sustainable sources of energy are needed. Conservation, innovative and efficient energy technologies, renewable forms of energy and of course traditional sources of energy all must play a role in our energy future.
I am pleased the bill included an increase in fuel efficiency standards from 25 miles per gallon to 35 miles per gallon by 2020. As a cosponsor of H.R. 2927 that would increase the corporate average fuel economy, CAFE, standards for automobiles, I believe we must not waste any more time in making our vehicles more fuel efficient. I support increasing the CAFE standards and hope we can work together with the private sector to achieve this worthy goal.
Unfortunately, the Democrat's closed-door energy bill containing more than 1,000 pages is not the kind of solution the American people deserve. Rather than work together to pass a more complete and comprehensive plan to address our energy needs, Democrat leadership has chosen to forego their pledge to work with Republicans on important policy matters. The result is an energy bill that will lead to higher electric utility bills, drive up gasoline prices at the pump, discriminately raise taxes on manufacturers of domestic energy and depress exploration efforts to find additional sources of domestic energy.
The bill fails to include proven, reliable energy production methods such as nuclear energy for lowering emissions into our atmosphere. Instead, the House Amendment to H.R. 6 mandates a one-size-fits-all Renewable Portfolio Standard for some electric utility companies while exempting other electric utilities. I support utility companies investing in and offering renewable energy to customers, and I support incentives for increased production of renewable energy. Many Kansas farmers and landowners are already participants in wind and bio fuel production, and Kansas has potential to do even more.
But Congress must exercise great caution when attempting to mandate levels of renewable fuels that must be used by electric power companies. Many of our Nation's electric companies are presently investing billions of dollars in renewable energy projects--not because they are mandated by the Federal Government, but because market forces have led them to do so. By mandating higher levels of renewable energy for power generation than the market naturally supports, ratepayers are going to be stuck with higher electric bills.
I cannot think of a single constituent who has asked me to support higher electric bills. This Democrat bill is not an energy solution that is good for Kansas, and it is not a good solution for America.
Great harm will particularly fall upon America's poor and middle class customers as a result of increased electric rates. Senior citizens who are living on fixed incomes and families on tight budgets should not be forced to suffer because of ill-thought Federal mandates on select electric utilities and their customers.
Another section of the House Amendment to H.R. 6 mandates a Federal Renewable Energy Standard that will require unrealistic quantities of biofuel. For example, the Democrat energy bill mandates that 100 million gallons of cellulosic biofuel be included in our fuel supply by 2010. However, commercially viable production of cellulosic fuel is only projected to be 27 million gallons by 2010. As a strong supporter of cellulosic biofuel, I hope American ingenuity will help us surpass current projections. The Federal Government should encourage private- sector innovation that has long been a hallmark of America's history.
But the Federal Government should not be mandating on the private sector requirements that are not commercially tested and far exceed industry projections. Reckless mandates will result in increased fuel costs for consumers.
I am also disappointed that the House Amendment to H.R. 6 contains more than $21 billion in tax increases that will negatively impact American jobs. By raising taxes on the oil and gas industry, we are driving up manufacturing costs making domestic companies less competitive. Raising taxes on oil and gas companies will not reduce prices at the pump, and it certainly will not help ease our dependence on foreign oil. If anything, it will make
us more dependent on foreign oil and will cause energy prices to increase.
Raising taxes on the energy sector will inevitably be passed to consumers at the pump. If the Democrat energy tax increase is passed, motorists will consider today's $3 gasoline to be a cheap deal. Families and small businesses in Kansas do not want higher fuel costs, which is why I refuse to accept a plan that raises the price of gasoline.
By raising billions of dollars through tax increases imposed on the oil and gas manufacturing industry, but not raising taxes on other manufacturing sectors, Congress picks winners and losers and American manufacturing jobs suffer.
Instead of encouraging more domestic energy exploration, production and investment, the Democrat energy bill instead makes these activities more expensive for American companies trying to supply America with energy.
This bill is woefully inadequate when it comes to American energy independence. It harms consumers by raising energy costs. And it wreaks havoc on American manufacturing jobs.
I urge my colleagues to reject this proposal.