doeton
Senior Member
- Mar 27, 2008
- 1,213
- 65
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House Adopts Plan to Ease Offshore Drilling Ban
this is great. awesome. the dims actually getting something right.
http://www.nytimes.com/2008/09/17/washington/17cong.html
"...oil companies would lose some tax benefits,
...utilities would be required to produce 15 percent of their electricity from renewable sources by 2020
...a ban on developing fuel from Rocky Mountain shale would be lifted. (well that can't do everything right...)
...It would impose stricter oversight on the agency that handles oil leasing and royalty payments after recent disclosures of improper relationships between its employees and oil industry representatives."
plus i heard elsewhere it removes support for assine nuke power.
and get this the pubs are objecting because it will eliminate about $18 billion in tax breaks for oil companies, including a manufacturing deduction of particular benefit to large firms.
this is great. awesome. the dims actually getting something right.
http://www.nytimes.com/2008/09/17/washington/17cong.html
"...oil companies would lose some tax benefits,
...utilities would be required to produce 15 percent of their electricity from renewable sources by 2020
...a ban on developing fuel from Rocky Mountain shale would be lifted. (well that can't do everything right...)
...It would impose stricter oversight on the agency that handles oil leasing and royalty payments after recent disclosures of improper relationships between its employees and oil industry representatives."
plus i heard elsewhere it removes support for assine nuke power.
and get this the pubs are objecting because it will eliminate about $18 billion in tax breaks for oil companies, including a manufacturing deduction of particular benefit to large firms.
