Next bailout a "green" bailout?

At a hearing to discuss possible energy measures to stimulate the economy, Sen. Jeff Bingaman (D-N.M.) said that a "number of important energy measures" must be "a central part of any stimulus package." Bingaman felt that this upcoming Congress has a real opportunity to create a "comprehensive and forward-looking energy policy."

Sen. Pete Domenici (R-N.M.) said that Congress has done more to address the energy crisis in the last six years than has been accomplished in the previous 30 years. Domenici still suggested "an expedited process" in addressing energy initiatives because of the long delays that can occur due to current regulations.

Sen. Jim Bunning (R-Ky.) advocated for coal-to-liquid fuel technology. According to Bunning, this type of fuel would create significant jobs, substantially reduce emissions, and reduce our dependence on Middle East oil. He is also concerned with investing in other types of energy programs considering they are unproven and inefficient.

Bracken Hendricks, Senior Fellow at the Center for American Progress Action Fund (CAP), stated that CAP advocates for a $350 billion one-year stimulus and recovery package, part of which he called a "green stimulus." Hendricks said that one third of that package should go directly to clean energy investments.

Malcolm Woolf, Director of the Maryland Energy Administration, made specific proposals for any stimulus package in the upcoming year. Woolf wanted as much as $10 billion provided for an energy efficient buildings retrofit program, $6 billion for the Energy Efficiency and Conservation Block Grant, $1 billion for the Low-Income Weatherization Assistance Program, and $2.5 billion for the Low-Income Home Energy Assistance Program. He also argued for an 8 year extension on energy efficiency and renewable tax provisions that would allow for long-term job creation.

GOP throws House party

A second day of speeches in the House Chamber continued as GOP members told Speaker of the House Nancy Pelosi (D-Calif.) to call for a vote on the American Energy Act, the GOP's "all of the above" energy strategy.  Representatives repeatedly said that given the current energy costs faced by Americans, now is not the time for Congress to take a five-week paid vacation.  Rep. Jeb Hensarling (R-Texas) said "I don't know how they think in the salons of San Francisco," a reference to Pelosi's district, adding that the people in the coffee shops of Dallas recognize America's energy crisis.

Hensarling, speaking to Capitol tourists seated in the House chamber, asked why Pelosi was unable to find time to debate energy in the past months.  He told those assembled that Congress found time to debate National Sanitation Week and other frivolous topics, ridiculing decisions made by Democratic leadership.  Hensarling said the people of America deserve a vote and gave Pelosi's Washington office phone number to those in attendance, telling people to call and voice their concern.

In a press statement, Pelosi called Republican actions a “hoax” that does not warrant serious debate. She said Republican proposals give public lands to oil companies and would only reduce prices at the pump by two cents in 10 years. In addition, her statement says that House Republicans have opposed requiring oil companies to drill on the 68 million acres of land they already control. She also notes the GOP has blocked efforts to increase fuel efficiency standards, improve mass transit, and release oil from government reserves.

Rep. Mark Kirk (R-Ill.) said presidential candidates John McCain and Barack Obama both support provisions in the American Energy Act, including offshore drilling. He said one person (Pelosi) should not work against the opinion of a majority of Americans.  Kirk referenced challenges previously faced in the House of Representatives including the Louisiana Purchase, the Civil War, and World War II, saying now is the time for Congress to take initiative and solve America's energy crisis.  He said Congress has come to a fork in the road concerning energy policy and, instead of debating which road to take, is refusing to debate a course of action at all.