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AccessMyLibrary    Browse    S    South Florida Sun-Sentinel (via Knight-Ridder/Tribune News Service)    JUL-05    Congress could pass compromise energy bill this week.

Congress could pass compromise energy bill this week.

Publication: South Florida Sun-Sentinel (via Knight-Ridder/Tribune News Service)

Publication Date: 26-JUL-05
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COPYRIGHT 2005 South Florida Sun-Sentinal

Byline: William E. Gibson

WASHINGTON _ Congress is moving toward final passage of a compromise energy bill this week that arouses strong objections from Florida members but sidesteps some of their greatest concerns about potential offshore oil drilling.

The sweeping legislation, which must be approved by the House and Senate, would provide $11.5 billion of tax incentives to boost domestic oil and natural gas production, conserve energy and develop alternative fuels. It calls for subsidies for clean energy technology, new nuclear power plants and deep-water oil drilling.

"It will pad the pockets of energy and power companies but not do a damn thing for Dandy the Driver on (Interstate) 95,"...

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