Energy issues are front-page stories again. Prices we pay at the pump are soaring to record levels. The OPEC cartel countries are letting oil prices climb into the stratosphere. Evidence mounts about climate change and the predictable (and previously unpredictable) effects of the mounting accumulation of greenhouse gases in our environment. Meanwhile, carmakers balk at technology improvements to improve the efficiency of our engines.
And for the fourth year in a row, Congress is debating an energy bill that is better than past years but still far from perfect. It’s predicated on more of the same, and loaded down with wrong answers to get there.
Sooner or later, some industrialized nation or nations will discover an untapped emerging new market for clean, technically advanced and renewable energy sources from sources like biomass, fuel cells, hydrogen, wind and solar energy, among others. There is no reason – other than leadership that is stuck in the past – why American inventors and industries cannot be the first to develop and sell energy products for that market.
It is long past the time for walking hand-in-hand with Saudi princes and exchanging kisses with those who are responsible for the artificially high prices that are gouging American working families at the pump. Yesterday, the Senate adopted an amendment I offered with Senators Mike DeWine and Herb Kohl to hold OPEC accountable by subjecting it to anti-trust laws.
Earlier versions of this bill have included provisions to open the Alaska National Wildlife Refuge for drilling. Unfortunately, earlier this year Congress voted to allow this drilling. We in Vermont have a history of finding progressive, innovative solutions to energy challenges in a way that minimizes harm to our natural resources. We value the treasures that are our national parks, wildlife refuges and forests, and we know there are better solutions to our long-term energy needs than plundering these protected places.
Several senators are trying to make this bill better, and I was pleased to support the amendment offered by Senator McCain and Lieberman, which would address the issue of global warming by harnessing market forces to help cut greenhouse gas emissions. We are long overdue in addressing this issue. In Vermont, the maple syrup and ski industries are already being negatively impacted by the changing climate. The amendment lost on Wednesday, June 22, but this is an important beginning of serious debate about global warming, not the end of it.
7:14:09 PM
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