Home » News
Filter by category:

Senate Energy Bill Stalled

 

The bipartisan energy bill known as “The American Energy Innovation Act” is now in limbo over a controversial amendment sponsored by Sens. John Kennedy (R-LA) and Tom Carper (D-DE) that was intended to phase out the use of hydrofluorocarbons over 15 years. There was also intense debate over whether to expand the current EV tax credit from 200,000 per manufacturer to 600,000 and extend the credit for fuel cell vehicles through December 31, 2024.

The bill represented a compilation of more than 50 bills advanced by the Senate Energy and Natural Resources Committee. The legislation, sponsored by Senate Energy and Natural Resources Committee Chairwoman Lisa Murkowski (R-AK) and Ranking Member Joe Manchin (D-WV), focused on energy innovation by boosting new and developing technologies including ways to make cars and trucks more fuel efficient and manufacturing processes less CO2 heavy. The bill contained provisions that would improve electric reliability and energy efficiency; promote the development of hydropower, geothermal, weatherization of homes, and methane hydrates; enhanced cyber security efforts; bolstered mineral security; and would repeals a range of obsolete authorities currently within the U.S. Code.

The bill could still be revived in the coming weeks or months. The bottom line is that even if the Senate passes an energy bill, the Democrat controlled House would likely amend it with their priorities making final passage nearly impossible to achieve.

Federal federal legislation







RINAlliance HEALTHAlliance Renewable Energy Group EMC Insurance Seneca Companies LMC Insurance & Risk Management Heartland Payment Systems PMMIC Insurance Unified Contracting Services Altria Sinclair Shell HTP Energy Milliman Cylinder Express Delta Dental Community Oil Company Federated Insurance Wellmark Flint Hills Central Bank McGowen, Hurst, Clark & Smith PC Seneca Tank Valero Land Mark Products Molo Petroleum Farner-Bocken Company a Division of Core-Mark Growmark Energy Phillips 66
PMCI Facebook PMCI Twitter PMCI LinkedIn
Home   |    About FUELIowa   |    Site Map   |    Privacy   |    Contact Us   |    ©2019 FUELIowa, All Rights Reserved
10430 New York Ave., Suite F, Urbandale, IA 50322-3773   |    P. 515.224.7545   |    F. 515.224.0502
Home
About FUELIowa
Site Map
Privacy
Contact Us
10430 New York Ave., Suite F, Urbandale, IA 50322-3773
P. 515.224.7545
F. 515.224.0502
©2019 FUELIowa, All Rights Reserved