Statement of Lauren Ketcham, Environment New Mexico Environment
New Mexico applauds the U.S. House of Representatives for passing a
21st Century energy bill that will harness American ingenuity and put
us on a path to cleaner, smarter new energy future for America. This
bill is a breakthrough on energy policy and sets the country firmly on
a path to increasing clean energy, lowering energy demand and reducing
U.S. dependence on oil.
We applaud Speaker Pelosi,
Chairman Dingell and Representative Tom Udall for delivering an
excellent energy bill that makes a significant down payment on reducing
global warming pollution.
The Senate and President
Bush should act quickly to deliver a bright green holiday for the
American public. Environment New Mexico calls on Senators Domenici and
Bingaman to support a strong energy bill in the Senate, which includes
both a Renewable Electricity Standard and increased fuel economy
standards.
Highlights of the House bill include:
Promote Clean Energy
by following the lead of half the states to establish a national
renewable electricity standard, requiring utilities to produce 15% of
their electricity from renewable energy sources by 2020. The bill also
extends renewable energy production tax credits for four years and
investment tax credits for 8 years.
A national
renewable electricity standard will substantially reduce global warming
pollution while sparking a clean energy boom across the U.S. According
to a recent analysis by Environment America, renewable energy
development in states with RES policies is already boosting local
economies by luring new manufacturing and other skilled jobs. UCS
projects the standard would save consumers at least $13 billion and cut
126 million metric tons of global warming pollution per year by 2020
(equal to taking more than 20 million cars off the road).
Reduce U.S. Dependence on Oil
by increasing fuel economy standards for cars and light trucks to 35
mpg by 2020. This would be the first meaningful increase in fuel
economy standards in more than 15 years. The provision replaces the
current standards with an attribute-based system that gives the auto
industry tremendous compliance flexibility by allowing for different
mileage requirements per vehicle size. The standards in the Senate bill
would save 1.2 million barrels of oil a day in 2020, save consumers $25
billion at the gas pumps, and substantially reduce global warming
pollution. With oil prices continuing to set new records above $80 a
barrel, Americans want new standards and more efficient vehicles now.
Save Energy by adopting strong energy-efficiency incentives and standards.
Both the House and Senate bills contain legislation that would help
Americans save energy in their homes and businesses. These policies
include appliance and lighting efficiency standards, tax incentives,
and building codes.