Did the govt. hand the keys to the treasury to energy companies?

[cynatnite]

WASHINGTON - A national energy plan that would send billions of dollars in tax subsidies to energy companies passed the House on Thursday despite criticism from many lawmakers that it would do nothing to dampen high prices or lessen dependence on Middle East oil.

Within hours, the Senate began debating the legislation, with plans to vote on it on Friday.

Supporters said the legislation would establish a framework for developing a wider mix of energy sources in coming years, including wind turbines, lower-pollution coal plants and new nuclear reactors.

Lawmakers avoided a certain fight in the Senate by leaving out one of President Bush's top energy goals: opening the Arctic National Wildlife Refuge in Alaska to oil drilling. House Republicans promised to pursue that issue separately.

http://news.yahoo.com/news?tmpl=story&u=/ap/20050729/ap_on_go_co/energy_bill

This just doesn't sound like a good idea.

[wli]

1. Halliburton payoff with zero alternative energy content

Just like you'd expect from the neofascists.

[silverweb]

2. Yes, but...

...that was the House vote. The Senate votes tomorrow. There's still time to send a message to your senators:

http://action.ourfuture.org/action/index.asp?step=2&item=27338

[FloridaPat]

3. Amamzing how the details are being published. As for the keys to the

treasury, they were given in 2001 with * inaugration. That's why we're in Iraq.