Transcript
The energy legislation presently being debated in Congress takes our nation's energy policy in the wrong direction. It is undoing the Energy Policy Act of 2005, which struck a healthy balance between securing America's energy, economic, and national security while promoting energy efficiency and conservation. Congress now wants to make it more expensive to produce energy from domestic resources. These proposed new energy laws will drive up the costs of energy for American families by making it more expensive for us to use domestic energy resources. Energy is vital to every sector of the U.S. economy and to every American. The bottom line is this: the energy legislation being debated in Congress now will make us more dependent on foreign energy sources while driving up the price we pay for energy and in the end make us less competitive with the world.
---William Kovacs Vice President, Environment, Technology, and Regulatory Affairs U.S. Chamber of Commerce |