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Energy Policy Act of 2005

Location: Washington, DC

ENERGY POLICY ACT OF 2005 -- (House of Representatives - April 20, 2005)


Mr. KIND. Mr. Chairman, I thank my friend from New York for not only offering the amendment, but providing a very important point in this debate, and that is, unfortunately, the underlying bill is not going to work because it lacks one crucial element, and that is vision, the vision to see that we need to pivot off the status quo of the current energy policy and move to a new energy plan that makes sense for a new century.

The fact of the matter is, and the dirty little secret in this place, those involved in energy policy have to admit it, is that no matter how many incentives we give to the oil companies, how many royalty relief provisions are loaded in this bill, even though the President who comes from the oil industry says that it is not necessary, given the high price of oil, is that we cannot produce our way out of the energy challenge that we are facing in this century.

We are already in a race against China and India for the limited oil supplies that exist throughout the world. This amendment provides the vision for us to start pivoting off from our dependence on fossil fuels generally, but the importation of oil more specifically, by providing incentives for alternative and renewable energy sources, incentives for increased energy efficiency and conservation practices and, hopefully, the incentive to move to a new energy source for a new century, and that is fuel cell development.

I would encourage my colleagues to adopt this amendment.


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