Cap-and-trade is said to be dead, and the general belief I’m
hearing out of D.C. is that a national Renewable Electricity
Standard (introduced
in a bill co-sponsored by Democrat Sen. Jeff Bingaman of New
Mexico and Republican Sen. Sam
Brownback of Kansas — who is also the state’s Governor-elect)
isn’t going to happen during a lame-duck session either.
But
according to the Washington Times, Montana Democrat
Sen. Max Baucus plans a last-gasp effort to get through a few more
stimulus dollars for alternative energy schemers before the Senate
makeup changes for the worse:
In one sign of the times for wind-energy boosters, Senate
Finance Committee Chairman Max Baucus, Montana Democrat, announced
late last week that he will push immediately to extend two programs
for direct federal subsidies and manufacturing tax credits for
solar, wind and other renewable energy industries before the
lame-duck session of Congress adjourns at the end of the month.
Mr. Obama’s stimulus plan offered grants of up to 30 percent of
construction costs to developers of wind farms, solar plants and
other types of projects, an alternative to the traditional
renewable-energy tax credit that has lost its attractiveness in the
struggling economy.
Though many Republicans have supported renewable energy and the
tax credits, they are mindful of the recent voter backlash about
excessive government spending and the growing federal deficit. Key
GOP lawmakers have expressed skepticism about Mr. Obama’s stimulus
program in general and its “green jobs” component in
particular.
“The government is running out of money,” Senate Minority Leader
Mitch McConnell, Kentucky Republican, said last week. “Constituents
asked for job growth … not for help to special-interest
groups.”
If there isn’t enough opposition in the overall Senate, maybe
South Carolina Republican Sen. Jim DeMint can muster his own
blockade,
as he promised.
