December 7th, 2007
Green tech does not meet U.S. Senate's standards
So if there is any energy bill that passes the U.S. Congress anytime soon, it will not have any requirement that utility companies use more alternative energy to generate electricity. Green tech does not play well on K Street and in some conservative states, it seems. This is not good news for wind, solar, wave farm and other technologies being pushed as alternative to fossil fuels. Perhaps even bad news for nuclear boosters. The Senate has already failed to stop debate on the energy bill, allowing filibuster ad nauseum, unless the alternative energy provision is taken to a political landfill.
It appears there is bi-partisan support for tougher fuel efficiency standards on both cars and light trucks in America. Gasoline prices now have the attention even of Senators and Congressmen who live their lives largely inside the Beltway. Some may even realize it would be wise for the U.S. to be less dependent on Saudi Arabia and Venezuela for its huge daily dose of crude oil. And every energy watcher, including proponents of any green tech, will tell you that conservation is the quickest way to curtail our American thirst for oil.
The White House had already threatened a veto fo the original bill, but has not pronounced its blessing or dismissal of the fuel efficiency portion of the billthat is being slenderized in the Senate.
A newsman since 1969, Harry Fuller has worked for CBS, ABC, CNBC Europe, CNET and was founding news director at TechTV. See his full profile and disclosure of his industry affiliations.
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