Monday, May 16, 2005

McCain eyes global warming-nuclear link

As President Bush goes on the stump today (not on his bike) to plug the much-hyped “biodiesel,” several fascinating story lines will start to unfold tomorrow, when the Senate Energy Committee begins work on its version of energy legislation. As you probably know, last Friday the committee released some provisions of draft legislation. These were worked out in bipartisan fashion and don’t contain some of the extraordinarily bad provisions in the House-passed version of the legislation (for example, the provision by Rep. Joe Barton, R-TX, that would weaken the Clean Air Act). However, the panel has not joined battle on some of the biggest issues – including the need for better fuel economy standards (the quickest way to start reducing our dependence on foreign oil), liability protection for makers of the additive MTBE (see more on this, below) and incentives for nuclear power.

On the nuclear issue, Senator John McCain (R-AZ) has rocked the behind-the-scenes debate by circulating draft legislation that would link his effort to curb global warming to incentives for nuclear power. The New York Times reported on this yesterday, while giving appropriate credit to Energy Daily for reporting on the story first. The Times noted that McCain met last week with the head of General Electric, which kicked off a big pro-green pr blitz last week while lobbying for nuclear subsidies and a for delay in its obligation to clean up the poisoned Hudson River. (For more on this, see http://www.tompaine.com/articles/20050513/ges_greenwashing.php )

Needless to say, many environmentalists are grappling with how to respond to this potential change in the political landscape. Being anti-nuclear has long been a part of orthodox environmentalist thinking, and I suspect many if not most environmentalists will continue to challenge the idea of a nuclear revival. However, there have been some gradual shifts in recent months. You may recall the bi-partisan National Commission on Energy Policy included a pro-nuclear recommendation. And the Times notes that some big-name environmentalists say they are open to a re-examination of nuclear power in the context of global warming. Stay tuned, because this promises to be a contentious battle as the energy debate proceeds.

Another fascinating item today in the Boston Globe, which reports that a company largely owned by the Saudi government has spent more than $1.5 million since 1998 lobbying Congress to shield the industry from liability for damages caused by MTBE. The Globe notes that “The Saudi company, SABIC, is a leading maker of MTBE… The company, which has a member of the Saudi royal family as its chairman, has an office in Houston and a research and technology center in Sugar Land, Texas, [Rep. Tom] DeLay’s hometown and political base.” DeLay, of course, has been a leader in the effort to protect this company, as has Joe Barton.

This story is not likely to help the MTBE makers as the Senate energy debate proceeds!

17 comments:

MP3 Doctor said...

Hey there, you've got a great blog here! I'm thinking of bookmarking your site!

I have a electric bike site. It pretty much covers electric bike related stuff.

Come and check it out if you get time :-)

startonline said...

Hello, you have a great blog here! I'm definitely going to bookmark you!
I have a free copy of credit report site. It pretty much covers network marketing lead related stuff. Check it out if you get time :-)

De Post Man said...

Nice post. I also have a site talking about credit related issues http://mortgage.27days27gurus.com/ . Take a look if you have time. free credit card

CreditReportStation said...

Blog Post of the universe. Check out this great site at check credit report repair
check credit report repair

Stan said...

Who doesn�t need any extra traffic to their website?
If you could not bear the thought of tons of laser
targeted traffic to your website absolutly F*R*E*E!
then under no circumstanes click the link below!http://www.TrafficHurricane.com/stan

Mortgage Center said...

I just came across your blog and wanted to drop you a note telling you how impressed I was with the information you have posted here.
I also have a web site & blog about mortgage calc so I know what I'm talking about when I say your site is top-notch! Keep up the great work!

Mortgage Center said...

Hey, you have a great blog here! I'm definitely going to bookmark you!

I have a northern rock mortgage
site/blog. It pretty much covers northern rock mortgage
related stuff.

Come and check it out if you get time :-)

Make Money Home Based Business said...

Sensational blog. I took pleasure in the site and I
will go back! Surfing online for blogs like this one
is worth my time.
I hope you can look through my ar arkansas house cleaning blog.

Derek said...

Sad to say I just got back from a bowling tournament and decided to log in and do some websurfing. I love your blog. It had some very good laughs. I am doing a paper on canada card company credit retail services trans and have been downloading information for the last hour. I don�t know how I came across your blog but I am glad I did. It has set me back a little because I have spent the last hour reading your archives. If you don�t mind I would like to add you to my favorites so I can back again and read some more. Well I need to get back to canada card company credit retail services trans. I am almost finished with it. Great job.

p.s some very good points on your blog

Online Degree Adviser said...

Hi there, I was surfing the internet and I found your blog. I like the way how you have put it all together. I'll be coming back again.

Regards,

www housekeeping

real estate expert said...

Blogging does not always widen my mental spectrum, which I need to do as a break from my own real estate work. We need more colorful blogs. Thanks for the read. Visit my site if you have a chance.

Scott A. Edwards said...

Are you tired of getting nice compliments on your blog, when really you're not makeng the kind of money that you deserve? Now you can join a completely FREE program. No buying and No selling. FREE to join. All you do is refer customers. To get started fast, click here: making money online business opportunity site. It pretty much covers making money online business opportunity related stuff and it's FREE to join.

Scott A. Edwards said...

Congradulations on a well written, interesting and superb blog! Have you heard about the shocking news?

1000's of real people are earning quiet fortunes from home using the most ingenious automated system ever invented.

Are you curious to find out what this is all about?

Why not? You have nothing to lose.

You can sign up for this system absolutely free of charge and check it all out for yourself.

To start off, we have a video presentation for you to watch. Just turn up the speakers if you can, and click on the link below.

Have fun and open your mind.

It is all right here: moneymaking opportunities It successfully covers moneymaking opportunities related stuff.

Come and check it out now, Scott :-)

Kate said...

This is a quite astonishing blog. I found it when looking for site statistics traffic web.
Regards, Website Traffic Info

yellowones said...

I read that A $2.75 per charge applies to each Funds Advance obtained at any American Express dispenser or from automated banking machines (ABMs) of participating financial institutions. The minimum cash amount which you may receive in any single transaction is $20.00 I saw this on American Express Credit Card is it true ?

Meg Taylor said...

I am here because of search results for blogs with a related topic to mine.
Please,accept my congratulations for your excellent work!
I have a royalty free stock video site.
Come and check it out if you get time :-)
Best regards!

Bill Harrison said...

Your blog I found to be very interesting!
I just came across your blog and wanted to
drop you a note telling you how impressed I was with
the information you have posted here.
I have a reservations payments
site.
Come and check it out if you get time :-)
Best regards!