Comprehensive Energy Package Moves to Senate Floor

Senator Bingaman will propose a 15% by 2020 national Renewable Energy Standard be amended to the comprehensive energy package being debated on the Senate floor today

A new comprehensive energy package is being debated on the Senate floor today. The legislation incorporates a number of previously introduced bills and work from four different Senate committees and is being presented as an amendment to HR 6, the CLEAN Energy Act of 2007 previously passed by the House in January during the ‘First 100 Days’ push.

The CLEAN Energy Act shifts roughly $14 billion in oil and gas industry subsidies to fund future legislation supporting clean energy investments, including energy efficiency and renewable energy.