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World Biofuels
Symposium
November 13-15, 2005
Beijing, China
2nd Annual Canadian Renewable Fuels Summit
December 13-15, 2005
Toronto, Ontario, Canada
Hosted by:
Candadian Renewable Fuels
Association
National Biodiesel
Conference & Expo 2006
February 5-8, 2006
San Diego, California
Organizer:
National Biodiesel Board
11th Annual
National Ethanol Conference: "Policy & Marketing"
February 20-22, 2006
Las Vegas, Nevada, USA
Sponsored by:
Renewable Fuels Association
22nd
Annual International Fuel Ethanol Workshop & Expo
June 20-23, 2006
Milwaukee, Wisconsin, USA
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Posted on
October 16, 2003Differences Blocking Energy Bill Shrink By H. Josef Hebert
Associated Press Writer
WASHINGTON (AP)--Congressional Republicans on Wednesday narrowed the disputes blocking an energy bill to three issues: How much tax subsidies should go to a proposed Alaska pipeline, who should pay for power lines and what to do about a gasoline additive blamed for fouling water supplies.
As the White House pressed for getting a final energy bill, Senate Majority Leader Bill Frist and House Speaker Dennis Hastert said after meeting with GOP negotiators that it's possible to have all three worked out by as early as next week.
"I believe we can get all these issues resolved," said Frist, R-Tenn.
Sen. Pete Domenici, R-N.M., who's chairing the negotiations, said that all sides have agreed to provide loan guarantees and several tax breaks to spur construction of a proposed $20 billion pipeline to bring gas from Alaska's North Slope down to the lower 48 states.
"It will be three out of four (subsidies)," he said after House Republicans and the White House rejected a tax credit for Alaskan natural gas that would kick in if prices dropped below a certain level.
Alaska's senators continued to hold out hope. "We need all four," said Sen. Lisa Murkowski, R-Alaska.
Discussions were continuing with the White House over the issue, White House spokesman Trent Duffy said.
Senate Finance Committee Chairman Charles Grassley, R-Iowa, said, "There's going to be incentives to build the natural gas pipeline" but perhaps not all that some senators might want.
He said that in all more than $16 billion in tax incentives--a majority of them aimed at promoting production of oil, natural gas, coal and nuclear power--will be included in the legislation being worked out between the House and Senate.
The other unresolved issues are whether to give protection from lawsuits to makers of MTBE, a petroleum-based gasoline additive, and a demand by Sen. Trent Lott, R-Miss., that independent power producers share more of the cost of building and improving high-voltage transmission lines.
A compromise aimed at resolving Lott's concerns was circulated Wednesday, but it was not clear whether it would lead to an agreement, according to several participants in the discussion.
Asked about the hang-up over the liability protection being demanded by House Majority Leader Tom DeLay, D-Texas, on behalf of MTBE makers in his state, Domenici said, "We're still working on it."
Republican leaders have hoped that the broad energy bill has enough features--from expanding the use of corn-produced ethanol in gasoline to modernizing the nation's electric power grid--will overcome the lingering disagreements.
The House passed its energy bill last April. The Senate followed by reviving legislation approved in 2002 and passing it again.
Source: Associated Press
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