National RES Will Not See Senate Floor, Dies on Harry Reid’s Instead

"Fallen Wind Turbine"

Majority Leader Harry Reid (D-NV) released details of the energy bill he is putting before the Senate on Tuesday, making it official that any hope for a national renewable electricity standard (RES) is dead. Last week Reid said as much while foreshadowing the contents of his bill, which focuses more on oil spill response than renewable energy. Since then, dozens of democratic senators (including one republican) and industry groups pressed Reid for, at the least, inclusion of a national RES to promote a shift to cleaner power over the long term.

For at least the short term, any RES prospect has been declared dead by the one man who could have given it life.

broken solar panel

"Broken Solar Panel"

To make matters worse, the bill excludes just about everything else that could really help the renewable energy industry, especially the troubled wind sector, which has seen quarterly figures drop 71 percent from the same time last year.

NOT included are:

A national RES
Extension of the production tax credit (expires next year)
Extension of the Treasury Grant Program (expires this year)
Any cap or tax on carbon emissions by polluters

What the bill does offer:

Oil Regulations: A removal of the $75 million cap on economic liability that oil companies must account for in response to an oil spill. Companies would pay higher fees into the Oil Spill Liability Trust Fund. It would also speed up the claims process for people damaged by oil spills and overhaul government regulation to ensure that conflicts of interest do not exist.
Energy Efficiency: The bill would set aside $5 billion for the proposed federal Home Star rebate program that incentivizes homeowners to make energy efficiency improvements.
Conservation: The bill would also fully fund the Land and Water Conservation Fund, which uses a portion of receipts from oil and gas leases to support state and local conservation programs.
Electric and Natural Gas Vehicles: Encourages the deployment of electric cars through $400 million doled out to certain cities. Also funds a federally-run competition to develop a battery that will power an EV for 500 miles in a single charge, and encourages federal agencies to introduce EVs into their operating fleets. Finally, the bill offers incentives to retrofit heavy-duty vehicles to run on “clean natural gas” (CNG).

The oil industry is railing against the bill, which means it must be doing something right. Yet while incentives for electric vehicles, increased oil regulation (so obviously lacking in the lead up to the BP spill) and energy efficiency incentives are good steps, this can hardly be called an energy bill — at least not in the sense that the renewable energy industry, President Obama, nor any environmental advocate had hoped for.

Harry Reid and other Senate Democrats admit that the bill is far from sweeping, but claim that it’s the best they can do without a guaranteed, filibuster-proof 60 votes — something Reid says they most certainly do not have. And even this gutted sham of a climate change bill faces stiff opposition from republicans, whose main objective seems to be to oppose anything and everything until the GOP has a chance at regaining power in November. Although, they apparently have all the power they need already, or at least enough to stop the less-than-brave democrats tiptoeing around the Senate floor and all over the progress-minded constituents that voted them in nearly two years ago.

And where’s President Obama on all this? Good question.