Posted to Delaware Forum:
Bill strips states of control over LNG
Del. officials rip legislation's restrictive siting provision
By JENNIFER BROOKS / News Journal Washington Bureau
07/30/2005
WASHINGTON -- Despite "no" votes from the entire Delaware delegation, Congress has passed an energy policy bill that would override states' authority over where and whether liquefied natural gas terminals can be built.
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The legislation passed the same week New Jersey filed suit against Delaware over plans for an LNG import terminal on the Delaware River.
It remains unclear how the legislation might affect the lawsuit.
Among the tax breaks are: $2.5 billion for oil and gas companies, $2.7 billion for wind, solar and geothermal power, and $2.8 billion for coal-fired power plants, mostly for investing in anti-pollution technology.
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But even Bush administration officials questioned the need for tax breaks for oil and gas companies at a time of record profits.(And if you believe that - I've got a bridge to sell you.......)http://www.delawareonline.com/apps/pbcs.dll/article?AID=/20050730/NEWS01/507300315/1006/NEWS