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Issue: 781   Date: 08/11/2005

PRESIDENT BUSH SIGNS ENERGY BILL
President Bush Delivers On Campaign Promise By Signing Comprehensive Energy Package


U.S. President George W. Bush signs the new $14.5 billion energy bill into law while at the U.S. Energy Department's Sandia National Laboratories in Albuquerque, New Mexico, August 8, 2005. The legislation,
passed by Congress after a four-year battle, boosts oil, natural gas and electricity supplies and promotes
alternative energy sources, but offers consumers no short-term relief from high gasoline prices.
REUTERS/Larry Downing

President Bush Has Spent Years Working Towards An Energy Policy:

President Bush: "Four Years Ago, I Called For A National Energy Plan To Address Our Nation's Energy Needs For The 21st Century. The Bipartisan Energy Bill Passed ... Will Give America A Comprehensive National Energy Strategy For The First Time In More Than A Decade And Is Critically Important To Our Long-Term National And Economic Security." (White House Press Office, "Statement By The President," Press Release, 7/29/05)

In 2004, President Bush Campaigned On Energy Reform: "We Need An Energy Plan To Keep Jobs Here In America. We Need To Become Less Dependent On Foreign Sources Of Energy. ... I Am Going To Get It Done." (President Bush, Remarks By The President In "Ask President Bush" Event, Columbus, Ohio, 8/5/04)

Partisan Senate Democrats Have Spent The Last Four Years Obstructing The Passage Of An Energy Bill:

"The Senate Has Been The Graveyard In The Past For The Energy Legislation That President Bush Has Sought Since Taking Office In 2001." (Ben Evans, "House Ready To Debate Energy Bill," Congressional Quarterly Weekly, 4/16/05)

In November Of 2002, Senate Obstructionists Refused To Send The House A Bill Out Of Conference, "Effectively Killing The Legislation." (Colin Sullivan, "Senate Conferees Vote To Kill Energy, Punting Issue To Next Congress," Environment And Energy Daily, 11/14/02)

In November Of 2003, Obstructionists In Senate Defeated Cloture Motion, Killing Energy Bill For 2003. (H.R. 6, CQ Vote #456: Motion Rejected 57-40: R 44-7; D 13-32; I 0-1, 11/21/03)

The Energy Bill Will Create Greater Energy Security And Boost The Economy:

Tax Benefits For Traditional And Alternative Fuel Sources: "The [bill] ... [will] provide $14.6 billion in tax breaks and credits between 2005 and 2015. Of that, about $9 billion targets energy infrastructure, including $1.6 billion for clean coal plants and $2.7 billion to extend the renewable electricity production credit. The bill also [will] provide $2.8 billion for fossil fuels, $1.3 billion for conservation and efficiency and $1.3 billion for alternative motor vehicles and fuels." (Ben Evans, "Key Provisions Of The Comprehensive Energy Bill," CQ Today News, 7/28/05)

Nuclear Energy: "The Bill [Will] Bolster Security Requirements For Nuclear Plants And Extend Through 2025 The Price-Anderson Act (PL 85-256), Which Caps The Industry's Liability For Catastrophic Accidents." (Ben Evans, "Key Provisions Of The Comprehensive Energy Bill," CQ Today News, 7/28/05)

"The Nuclear Industry -- Which ... Has Not Ordered A New Nuclear Plant Since The 1970s -- [Will] Garner New Federal Support To Help Get New Reactors Built." (Adam Satariano, "No Senate Filibuster Seen On Energy Bill," Congressional Quarterly Green Sheets, 7/27/05)

Conserving Energy And Boosting The Economy Through Daylight Savings: "The Legislation [Will] Extend Daylight-Saving Time By One Month Beginning In 2007." (Ben Evans, "Key Provisions Of The Comprehensive Energy Bill," CQ Today News, 7/28/05)

The Washington Post: "[A] Provision In The Energy Bill Would Extend Daylight Saving Time By Three Weeks In The Spring And One Week In The Fall Starting In 2007, Conserving Energy And Perhaps Preventing Some Crimes And Traffic Accidents... [I]f More Daylight Means More Consumer Activity, That's Good For The Economy." (Editorial, "EDT Plus," The Washington Post, 7/28/05)

Energy Efficiency: "The bill [will] direct the National Highway Traffic Safety Administration to study the effects that increasing fuel efficiency standards for cars and trucks would have on the auto industry, the supply of gasoline and the environment, but it does not mandate any such increase. The bill calls on the Energy Department to set stronger efficiency standards for various commercial and industrial appliances and products." (Ben Evans, "Key Provisions Of The Comprehensive Energy Bill," CQ Today News 7/28/05)

"The Bill [Will] Provide Numerous Incentives To Encourage Conservation And The Development Of New Technologies Such As Hydrogen And New Hybrid Cars." (Adam Satariano, "No Senate Filibuster Seen On Energy Bill," Congressional Quarterly Green Sheets, 7/27/05)

Electric Reliability: "The Measure [Will] Strengthen Federal Authority To Enforce Reliability Standards For Electricity Transmission Networks." (Ben Eva ns, "Key Provisions Of The Comprehensive Energy Bill," CQ Today News, 7/28/05)


U.S. President George W. Bush (2nd L) speaks with lab Director Thomas Hunter (L) during Bush's tour to the National Solar Thermal Test Facility at Sandia National Laboratory in Albuquerque, New Mexico, August 8, 2005. Bush travelled to the state to sign the new $14.5 billion energy bill which was passed by Congress after a four-year battle.



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