Eleanor Holmes Norton on Energy & Oil Democratic Representative (DC-Delegate)

Regulate wholesale electricity & gas prices.

The Problem

The Progressive Caucus Solution: Wholesale Cost-based Pricing with Refunds

The Progressive Caucus advocates:

• Implement wholesale cost-based pricing of electricity & natural gas to ensure consumers are not gouged. Require refunds when necessary.
• Grant FERC new powers to regulate heating oil prices at the wholesale level. Cost-based pricing of heating oil will ensure consumers are protected from heating oil price spikes.

Preserve Alaska's ANWR instead of drilling it.

Title: To preserve the Arctic coastal plain of the Arctic National Wildlife Refuge, Alaska, as wilderness in recognition of its extraordinary natural ecosystems and for the permanent good of present and future generations of Americans.

Summary: Designates specified lands within the Arctic National Wildlife Refuge as wilderness and components of the National Wilderness Preservation System [which would preclude oil exploration and drilling].

Extend through 2016 the renewable energy tax credit.

Congressional Summary:Amends the Internal Revenue Code to extend through 2016 the tax credit for electricity produced from wind, biomass, geothermal or solar energy, landfill gas, trash, hydropower, and marine and hydrokinetic renewable energy facilities.

Proponent's Comments (Governor's Wind Energy Coalition letter of Nov. 15, 2011 signed by 23 governors):Although the tax credit for wind energy has long enjoyed bipartisan support, it is scheduled to expire on Dec. 31, 2012. Wind-related manufacturing is beginning to slow in our states because the credit has not yet been extended. If Congress pursues a last minute approach to the extension, the anticipated interruption of the credit's benefits will result in a significant loss of high-paying jobs in a growing sector of the economy. We strongly urge Congress to adopt a more consistent and longer-term federal tax policy to support wind energy development, such as H.R. 3307.

The leading wind project developers and manufacturers are slowing their plans for 2013 and beyond due to the current uncertainty. The ripple effect of this slow down means reduced orders for turbines and decreased business for the hundreds of manufacturers who have entered the wind industry in our states. When Congress allowed the tax credit to expire in 1999, 2001, and 2003, the development of new wind installations dropped significantly, between 73% and 93%, and thousands of jobs were lost. Providing renewable energy tax credits in order to provide consistency with conventional energy tax credits is the right policy to move the nation forward in an energy sector that offers global export opportunities and the ability to modernize a segment of our electric production infrastructure.

50% clean and carbon free electricity by 2030.

Expressing the sense of Congress that the United States should establish a national goal of more than 50 percent clean and carbon free electricity by 2030 for the purposes of avoiding the worst impacts of climate change, growing our economy, increasing our shared prosperity, improving public health, and preserving our national security.

• Whereas failing to act on climate change will have a devastating impact on our Nation's economy, costing us billions of dollars in lost GDP;
• Whereas extreme weather, intensified by climate change, has already cost taxpayers billions of dollars each year in recovery efforts, and this will only continue if climate change is left unaddressed;
• Whereas climate change will have devastating public health implications, including increased asthma attacks and exacerbation of other respiratory diseases, especially in vulnerable populations;
• Whereas inaction on climate change will disproportionately impact communities of color and exacerbate existing economic inequalities;
• Whereas the transition to a clean energy economy is feasible with existing technology;
• Whereas the transition to clean energy will create millions of jobs and will increase our country's GDP and increase disposable household income;

1. Establish a national goal of more than 50 percent clean and carbon free electricity by 2030; and
2. Enact legislation to accelerate the transition to clean energy to meet this goal.

Green New Deal: 10-year national mobilization.

This resolution calls for the creation of a Green New Deal with the goals of:

• achieving net-zero greenhouse gas emissions;
• establishing millions of high-wage jobs and ensuring economic security for all;
• investing in infrastructure and industry;
• securing clean air and water, climate and community resiliency, healthy food, access to nature, and a sustainable environment for all; and
• promoting justice and equality.