Legislation to increase domestic energy supplies through expanded offshore drilling and investment in renewable energy and conservation won approval in the U.S. House of Representatives Tuesday by a vote of 236-189.
If passed by the Senate and signed by the president, the Comprehensive American Energy Security and Consumer Protection Act will allow oil and gas drilling in federal waters more than 100 miles off the coast and provide for drilling between 50-100 miles off the coast at the discretion of individual states. Senate approval before the November election is considered unlikely.
House Speaker Nancy Pelosi, a California Democrat who has opposed offshore drilling in the past, now supports this bill, which she said Tuesday, "will be significant in ensuring American energy independence and strengthening our national security."
"This energy legislation is the result of reasonable compromise that will put us on the path toward energy independence by expanding domestic supply, protect consumers with strong action to lower the costs of energy and to protect taxpayers by making Big Oil pay for its fair share of our transition to a clean, renewable energy future, ensure a clean, green future through energy efficiency and conservation, and commit America to renewable energy and help create millions of good-paying green jobs."
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Thursday, September 18, 2008
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