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The US House of Representatives has passed a radical new energy bill, which aims to expand the use of renewable fuels and cut tax breaks to oil firms.
The draft law details support for "clean" energy sources like biofuels, wind, solar and geothermal resources.
It would withdraw some $16bn (£8bn) in annual subsidies from the oil industry.
But the bill is opposed by President George Bush, and still has to be merged with other energy measures passed by the Senate before it can become law.
If it passes in its current form, the bill will require all American utility companies to generate 15% of their energy from renewable sources by the year 2020.
Originally posted by Johnmike
Because solar panels cost money. Tax breaks are given, I think, but not every little house or building owner can afford solar panels.
Would full roof paneling even come close to powering half of a house? I didn't think it was that powerful.
Originally posted by uberarcanist
This is an utterly rotten bill that punishes the common man thru gas taxes
Originally posted by uberarcanist
This is an utterly rotten bill that punishes the common man thru gas taxes and further exalts ethanol (the most overhyped substance in known history)...expect a detailed thread from me soon that explains how flawed this bill truly is.
Originally posted by Stanley06
LEGISLATE all NEW HOMES built have at least 2 solar panels and a GRIDTIE inverter. This is something we CAN DO..but we won't
LOBBYIST and Big Energy will make certain of it.
$16bn (£8bn) in annual subsidies from the oil industry.