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Weapons of Mass Destruction (WMD)

VOICE OF AMERICA
SLUG: 2-325574 Congress / Energy (L-only)
DATE:
NOTE NUMBER:

DATE=6/28/05

TYPE=CORRESPONDENT REPORT

TITLE=CONGRESS / ENERGY (L-O)

NUMBER=2-325574

BYLINE=DEBORAH TATE

DATELINE=CAPITOL HILL

HEADLINE: US Senate Passes Energy Bill

INTRO: The U.S. Senate has overwhelmingly approved (by an 85 to 12 vote) a sweeping energy bill that aims to curb the United States' reliance on imported oil. VOA's Deborah Tate reports from Capitol Hill.

TEXT: The comprehensive bill would promote a broad mix of energy sources, from nuclear power and natural gas to coal and wind energy.

It also would aim to reduce energy consumption through tax incentives for efficient appliances and homes and hybrid automobiles that use both gasoline and electricity.

The legislation directs the president to reduce U.S. oil demand by one million barrels a day by 2015.

Senator Pete Domenici, a New Mexico Republican, is chief sponsor of the bill:

/// DOMENICI ACT ///

"I believe we have an energy bill worthy of our times."

/// END ACT ///

Senator Jeff Bingaman, a New Mexico Democrat, is co-sponsor:

/// BINGAMAN ACT ///

"The bill moves us toward a better energy future. It will help us to produce more energy, it will help us to conserve more energy, and use energy more efficiently."

/// END ACT ///

But senators acknowledge the legislation would have little immediate impact on the soaring cost of energy, including oil, which surpassed a record 60 dollars a barrel this week.

Still, Energy Secretary Sam Bodman called the Senate action an important step:

/// BODMAN ACT ///

"We have a long way to go in this country in terms of establishing an energy program that will provide the kind of security that our citizens deserve.

/// END ACT ///

At the White House, President Bush issued a written statement saying the bill would help U.S. economic growth by addressing the root causes of high energy prices and reducing dependence on foreign sources of energy.

But the Senate legislation must be reconciled with a bill passed by the House of Representatives earlier this year before a final version is sent to Mr. Bush for his signature.

There are significant differences between the two measures, with the Senate bill emphasizing conservation and clean energy technologies more than the House legislation.

For example, the Senate bill includes tax breaks and credits to companies to voluntarily reduce carbon dioxide emissions, a provision not included in the House version. (SIGNED)

NEB/DAT/KL/FC



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