Thursday, December 13, 2007

Senate Passes Watered-Down Energy Bill

From Forbes:

...The renewable electricity mandate was omitted after the Senate blocked the bill on a procedural vote last week.

Because the new bill does not include those provisions, President Bush is expected to sign it into law. But it remains to be seen what will happen to the renewable energy credits. They will either expire as planned at the end of 2008, or lawmakers will have to find a way to offset their costs....MORE