The Precarious Balance of the Renewable Energy Standard
It’s a tricky thing, getting 60 votes for a renewable energy standard in the Senate. As of yesterday, the RES had 25 co-sponsors, including four Republicans.
Jul 31, 202012.4K Shares1.1M Views
It’s a tricky thing, getting 60 votes for a renewable energy standard in the Senate. As of yesterday, the RES had 25 co-sponsors, including four Republicans. While that’s not shabby, Senate Majority Leader Harry Reid (D-Nev.) has said the bill, proposed bySens. Jeff Bingaman (D-N.M.) and Sam Brownback (R-Kans.), needs to have the air-tight support of 60 senators before he’ll bring it to the floor.
Environmentalists and renewable energy advocates say they are confident they can get to 60 votes. But here are a couple road blocks that they’ll have to avoid:
-Republicans likely won’t vote for a bill if Reid tries to attach other energy provisions to it.
-Liberal Democrats will likely pull their support if Republicans try to broaden the scope of the RES to include so-called clean coal or nuclear.
-Amendments: RES proponents are worried that a floor debate could get weighed down by Republican amendments.
Camilo Wood
Reviewer
Camilo Wood has over two decades of experience as a writer and journalist, specializing in finance and economics. With a degree in Economics and a background in financial research and analysis, Camilo brings a wealth of knowledge and expertise to his writing.
Throughout his career, Camilo has contributed to numerous publications, covering a wide range of topics such as global economic trends, investment strategies, and market analysis. His articles are recognized for their insightful analysis and clear explanations, making complex financial concepts accessible to readers.
Camilo's experience includes working in roles related to financial reporting, analysis, and commentary, allowing him to provide readers with accurate and trustworthy information. His dedication to journalistic integrity and commitment to delivering high-quality content make him a trusted voice in the fields of finance and journalism.
Latest Articles
Popular Articles