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Efforts in Congress to Promote 'Energy Independence' May End Up Hurting Consumers
Fully produced report in MP3 format:
48 kbps |
96 kbps
(60 seconds)
-- How Will You Use This Story? --
(OPEN):
THIS 4TH OF JULY, MANY LAWMAKERS ARE HOPING TO DECLARE "ENERGY
INDEPENDENCE"--BY MANDATING SUBSTANTIAL INCREASES IN RENEWABLE FUELS,
AND PUSHING FOR HIGHER TAXES ON U-S ENERGY COMPANIES. MARY
HUTZLER--DISTINGUISHED FELLOW WITH THE INSTITUTE FOR
ENERGY RESEARCH--EXPLAINS WHY CONGRESS'S GOAL MAY DO MORE HARM
THAN GOOD, FOR CONSUMERS...
(HUTZLER):
"THE SENATE--IN ITS RECENTLY PASSED ENERGY
BILL--CLAIMS TO BE TAKING STEPS TOWARDS 'ENERGY INDEPENDENCE'.
BUT, IN REALITY, IT IS MANDATING LESS-EFFICIENT ALTERNATIVE FUELS, AND
UNPROVEN TECHNOLOGIES; RESTRICTING DOMESTIC SUPPLY OF TRADITIONAL ENERGY
FUELS; AND THREATENING HIGHER TAXES ON U-S COMPANIES. ALTHOUGH
CONGRESS IS COMPLAINING ABOUT HIGH GAS PRICES, ITS POLICIES WILL LIKELY
RAISE--NOT LOWER--PRICES AT THE PUMP. INSTEAD OF MANDATING
UNREALISTIC GOALS, WE NEED A BALANCED ENERGY POLICY THAT INCLUDES A
ROBUST DOMESTIC SUPPLY OF TRADITIONAL FUELS--AS WELL AS MARKET-DRIVEN,
COMMERCIALLY VIABLE, ALTERNATIVE FUELS."
(CLOSE):
TO LEARN MORE ABOUT ENERGY DIVERSITY--AND THE INSTITUTE FOR ENERGY
RESEARCH--VISIT
"FACTS-ON-ENERGY"-DOT-ORG.
