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Bingaman: Big energy bill unlikely

Wednesday, September 22, 2010 - 04:49

Sept 22 - Chairman of the Senate Energy and Natural Resources Committee Sen. Jeff Bingaman says the prospect of a comprehensive energy bill is grim, but there are areas of bipartisan support for smaller bills.

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few weeks but prospects of passing more comprehensive energy legislation lets them. Senator bingaman chairman of the senate energy committee joins us now after Reuters Washington summit. I think you so much for her for joining it was reported out of our energy committee in a bipartisan vote. Senator Brownback is seriously cosponsor. On this bill with me. We have a couple of other Republican members who have party signed on as as a co sponsors. Along with quite a few democratic senators and so. That's one example there are many others so where and I believe we can get to agreement who have no we can't. Can give us a couple of examples of those other ones that me Topper top priorities for. Well of course others. Proposal for what's called home star which is day. Initiative the administration. Line in many On Tuesday in the senator Jeff thing in an entered the renewable electricity standard L. Which you council passed in the next few weeks but prospects of passing more comprehensive energy legislation lets them. Senator bingaman chairman of the senate energy committee joins us now after Reuters Washington summit. I think you so much for her for joining us to be here I'll want to start out with the idea of comprehensive energy legislation and the prospects for it what do you think are the prospects for. Over the next two years. Well I and I think assuming that the election goes as most pundits say it will it and Republicans gained support both house and senate that perhaps. Gain majority in any one or the other of the chambers are both. I think it's less likely. In the next couple years and will be able to pass comprehensive legislation. Perhaps even less likely that it was in this congress and in this congress we've we've not been able. In the senate we've been able to move ahead and -- comprehensive legislation. So if there aren't as Republican gains and conference what would be your strategy for moving forward with some parts and energy legislation. Well I do think Ferraro variety of areas where we have agreement. And the renewable electricity standard is one of them so we have a bill which is bipartisan it was reported out of our energy committee in a bipartisan vote. Senator Brownback is seriously cosponsor. On this bill with me. We have a couple of other Republican members who have party signed on as as a co sponsors. Along with quite a few democratic senators and so. That's one example there are many others so where and I believe we can get to agreement who have no we can't. Can give us a couple of examples of those other ones that me Topper top priorities for. Well of course others. Proposal for what's called home star which is day. Initiative the administration. Line in many of -- congressmen behind. Two try to Peru provide incentives for for folks to. Renovate their hopes to make them more energy efficient this is a job creation. Initiative as well as an energy efficiency initiative. I would hope we can have the votes to do that there. A lot of improvements in. In standards energy efficiency standards for appliances. Which. Which are widely supported both an industry and consumer groups I would hope we can get agreement to go ahead and and an actual Rosen law so there's a lot of things we can't do. I think -- when you get into the area of climate change and trying to put -- place Cap and Trade System it gets much more difficult. And we have a lot more discreet. Author of BP oil -- a declaration and that it has been effectively killed what does that mean for the offshore drilling moratorium. Do you think -- closer to lifting portions of that. Well I certainly expect we are I don't have any inside information but so my. Expectation would be that says the department of interior is trying to get to a point where it can. Go ahead and an issue permits and a more normal. Away and and allow for for drilling to occur. In those operations. That they're confident are safe and that that's that whole purpose of the exercise is to ensure. The safety. These operations. And what conversations are you having with them about it are you encouraging them to have network and it. Surgical approach lifting parts that. Well we've had done those conversations particularly in hearings that we had over the last couple of months and my understanding is that the department of interior secretary -- sells cars looking. To try to get in place -- necessary safety. Precautions. And once they're there then go ahead with literally. And you say you don't necessarily have unit inside knowledge of when that might happen. What would be your hope now. Well I hope over the next couple months so we we see. A lot of the necessary safety provisions and precautions put in place. And that as soon as they're in place and to have from that listing rights at least she did in those operations that the department feels. Well are are being operated as safe way hopefully in the next few months I would hope so OK great well thank you so much for joining Jenner. I'm -- healthy business writers.

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Bingaman: Big energy bill unlikely

Wednesday, September 22, 2010 - 04:49