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Tax Payers for Common Sense estimates that Electric Utilities have been rewarded in the Energy Bill with $2.686 Billion in Subsidies.
Taxpayers for Common Sense estimate that the Energy Bill contains $21.837 billion for the oil and gas industry. This does not include an $18 billion loan guarantee for the Alaskan Natural Gas Pipeline, nor a proposed liability waiver for MTBE producers valued at $29 billion. With those provisions included the oil and gas industry would be reaping $68 billion in benefits out of the Energy Bill. [Taxpayers For Common Sense Analysis of HR 6, 11/18/03]
The Energy Bill Will Create A Liability Waiver For MTBE Producers Nullifying All Lawsuits Filed After September 5, 2003. Title XV Section 1502 of the Energy Policy Act establishes a ôsafe harborö for MTBE producers by nullifying all lawsuits by cities, states and other entities seeking compensation for groundwater contamination filed after September 5, 2003. [HR 6 Title XV Sec. 1502 p. 21.]
Pombo Has Documented MTBE Sites In District, State. Congressman Richard Pombo has documented sites which tested positive for the fuel additive MTBE in his district and in his state. According to the California Department of Health and Human Services, MTBE has been found in Alameda and Santa Clara County, both which are part of the 11th district. The EWG says California has the most severe contamination of any other state with MTBE affecting more than 30 million people. [California Department of Heath and Human Services, MTBE Data, Updated 12/03; Environmental Working Group, MTBE Contamination]
Pombo Voted For The Healthy Forest Initiative That WonÆt Prevent Forest Fires, But Will Benefit Big Timber Companies. The Kansas City Star said that ôThe new Healthy Forests Restoration Act is disguised as an attempt to prevent devastating forest fires like those that raged through the West the last two years...it wonÆt do much to keep forests healthy or to stop forest fires. It will allow loggers to pillage national forests of old-growth trees, which are actually the most fire-resistant. [Kansas City Star, 1/11/04]
Tax Payers For Common Sense: $7.95 Billion For Coal Industry, $2.5 Billion In Tax Breaks. Taxpayers for Common Sense estimate that the Energy Policy Act contains $7.95 billion in subsidies for the coal industry and $2.5 billion in tax breaks. [Taxpayers For Common Sense Analysis of HR 6, 11/18/03] Energy Bill Is A 3,727 Percent Return On Investment For Coal Industry. The Energy Bill provides more than $7.95 billion in direct benefits including $2.514 billion in tax breaks for the coal industry, according to the Taxpayers for Common Sense. This industry has strongly supported the Republican Party having contributed $13,0718,73 since the 2000 election. If these contributions were looked at as a three-year return on investment, the return would be 3,727 percent. [Taxpayers for Common Sense Analysis of HR 6, Center for Responsive Politics]
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© The League of Conservation Voters, Inc. |