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Pelosi: Bush Energy Proposals Basis For ‘Good Conversation’ January 24, 2007

Posted by notapundit in Congress, Politics, US News.

WASHINGTON (Dow Jones)–U.S. House Speaker Nancy Pelosi, D-Calif., said Wednesday that President George W. Bush’s proposals for expanded alternative energy in his State of the Union address Tuesday night was a basis for a “good conversation.”

As part of his plan to reduce domestic gasoline usage by 20% in 10 years, the president Tuesday proposed a new federal standard for alternative fuels that would boost consumption of these fuels to 35 billion gallons in 2017, about five times the 2012 target established in 2005.

“I think it’s the basis for a very strong conversation on alternative energy and one that I look forward to having with him,” Pelosi told journalists at the Washington Auto Show.

The House speaker met with John Dingell, D-Mich., chairman of the House Energy and Commerce Committee and a longtime representative of auto manufacturers’ interests.

“The president, I have to say, convinced me that he wants to work in a bipartisan way on these issues and he’s given us a place to start,” Pelosi said, adding: “The president set a good tone last night.”

With a Democrat majority, the House already has passed an energy bill that would funnel billions of dollars in axed oil and gas subsidies, as well as tax breaks, into renewable energy and energy efficiency programs. The bill had little to say about ethanol, however. The chairman of the Senate Energy and Natural Resources Committee, Jeff Bingaman, D-N.M., said he plans to push legislation on expanded ethanol use, though he has yet to present a bill.

By Ian Talley, Dow Jones Newswires


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