It sometimes seems the longer that legislation hangs around
Washington, the worse it gets. That's certainly the case with the
recently signed energy bill.
President Bush had been trying for years to convince lawmakers to
pass an energy bill. But when they finally did, all the …
well, energy had been sucked out of it. In the end, it was typical
Washington pork. There's plenty of new spending -- an estimated
$12.3 billion over 10 years, twice as much as the original proposal
-- but few real solutions.
Start with oil. When most people think of energy, they think of
gasoline. Any sensible bill would take steps to increase the
domestic production of oil. It's critical we start reducing our
dependence on foreign providers, especially since so many of them
are in bad neighborhoods.
We happen to have large oil reserves waiting to be tapped beneath
the Arctic National Wildlife Refuge in Alaska. But the bill
Congress passed specifically ignores ANWR. "If we put it in, we
wouldn't be here," Sen. Pete Domenici, R-N.M., chairman of the
Energy and Natural Resources Committee, explained to
reporters.
It's true that previous energy bills had failed because liberals
wouldn't agree to pass a measure that allowed drilling in ANWR. But
no bill is better than a bad bill. If we're not going to take the
most reasonable step available to boost energy production, there's
really no point in passing an energy bill at all. (ANWR,
fortunately, isn't dead; it's likely to pass when lawmakers try to
reconcile the budget in September.)
Not only does this bill ignore potential solutions, it actually
recycles the failed policies of the past. The bill provides tax
breaks for homeowners who install solar panels -- a "reform"
measure first drafted by the Carter administration.
President Reagan removed those tax breaks when it became clear they
wouldn't work, just as a future administration is certain to remove
them again. In the meantime, another generation of homeowners will
learn to their chagrin that the upfront cost of solar panels is
larger than the amount they're likely to save by installing
them.
Lawmakers deserve credit for at least attempting to take a step
forward on nuclear power. Nuclear plants are efficient and produce
zero emissions, and we need to build more of them to fill our
growing need for electricity. The bill provides billions of dollars
in tax credits for utilities, which could translate into as many as
six new nuclear plants.
But the energy bill leaves the big question unanswered. Until
utilities are assured they will have a permanent place to store
their nuclear waste, they're not likely to break ground on new
plants, regardless of tax breaks. At one existing plant in
Illinois, there are 24 silos, each packed with 13 tons of nuclear
waste. No utility wants to assume that sort of headache. A useful
energy bill would do something to fix the problem.
Having the waste stored in a secure, central location would be far
safer than storing it on-site at scores of plants around the
country. Plenty of studies have shown
Yucca Mountain is the best place to put our nuclear waste. But
again, lawmakers ducked that issue in the energy bill.
Washington insiders, even conservative officials, seem resigned to
the big spending status quo. "It's the best energy bill that can be
passed," Deputy Energy Secretary Clay Sell said.
Respectfully, sir, it isn't. It must be possible to "solve" a
problem without throwing tens of billion of dollars at it. And it
must be possible for lawmakers to target bills narrowly -- so the
new law will solve problems rather than merely providing tax breaks
to the energy industry.
Something good can still come out of this bill, if it energizes
conservatives in Congress to finally take charge and crack down on
wasteful spending. Otherwise, the bill's merely another waste of
time, money and power.
Ed Feulner is president of The Heritage Foundation
(heritage.org), a Washington-based public policy research
institute.
COMMENTARY Social Security
Lacking Energy
Aug 16, 2005 3 min read
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