White House supports nuclear provisions in energy bill
Washington (Platts)--20Apr2005
The administration supports the use of more nuclear power to diversify the country's energy supply, the White House Office of Management & Budget (OMB) said today, referring to provisions in House energy legislation (H.R.6) that was being debated on the House floor at press time. President George W. Bush's administration strongly supports passage of H.R.6, which OMB said would benefit consumers by "increasing energy supplies while protecting the environment and by fostering greater competition in the marketplace." OMB called nuclear power "an important emissions-free component of the nation's energy portfolio," adding that the administration supported the bill's reauthorization of Price-Anderson nuclear liability insurance. The administration, however, is concerned by the bill's potential cost, OMB said. It noted that tax incentives in the bill exceeded the president's fiscal 2006 budget request for $6.7-billion over 10 years for alternative and renewable fuels, conservation, energy efficiency, and emissions-free energy.
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