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Senate Considers Disastrous Energy Policy

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Senate Considers Disastrous Energy Policy

Poised to Embrace Further Mandates and Regulation

<?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" />Washington, D.C., May 1, 2007—Tomorrow senators will begin marking up energy legislation that will lead to higher prices on an array of goods and services and jeopardize the nation’s economic health.

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The Senate Committee on Commerce Science and Transportation is going to be considering several proposals relating to renewable energy and the alleged impacts of greenhouse gases on climate change. Elements of the legislation include expanded efficiency regulations for consumer appliances, an alternative fuels mandate and requirements for carbon capture and storage.

 

“Members of the Senate are poised to begin a disastrous course of raising prices for consumers,” said Competitive Enterprise Institute Director of Energy & Global Warming Policy Myron Ebell. “The biofuels mandate in particular will raise prices on farm products and energy which, in turns influence prices throughout the economy.”

 

 

Energy Expert Available for Interviews

Myron Ebell

Director of Energy Policy

202-331-2256

mebell@cei.org

Seen and heard on: The News Hour with Jim Lehrer (PBS), Hannity & Colmes (FNC), & Newsnight (BBC).  

 

CEI is a non-profit, non-partisan public policy group dedicated to the principles of free enterprise and limited government.  For more information about CEI, please visit our website at www.cei.org.