U.S. Senator Ken Salazar

Member of the Agriculture, Energy and Veterans Affairs Committees

 

2300 15th Street, Suite 450 Denver, CO 80202 | 702 Hart Senate Building, Washington, D.C. 20510

 

 

For Immediate Release

June 28, 2005

CONTACT:    Cody Wertz – Press Secretary

                        202-228-3630

Jen Clanahan – Deputy Press Secretary

                        303-455-7600

 

SEN. SALAZAR VOTES FOR FULL ENERGY BILL AS KEY STEP TOWARD ENERGY INDEPENDENCE

WASHINGTON, D.C. – United States Senator Ken Salazar today voted for passage of the
Senate Energy bill. The bill passed by a vote of 85-12 with broad bipartisan support. Sen. Salazar helped craft much of the energy bill as a member of the Senate Committee on Energy and Natural Resources.

“This bill makes great strides toward gaining our energy independence and setting America free from overdependence on foreign imports of oil,” said Salazar. “The bill’s cornerstones are renewable energy, conservation, technology and balanced development. And here in the Senate the bill passed with the kind of bipartisan cooperation I promised the people of Colorado -- I’m proud to deliver on that promise today,” Sen. Salazar said.

Salazar continued, “the challenge we face now is continuing that bipartisan work as the House and Senate work out their differences in Conference. If the bipartisan spirit continues I can see no reason why we can’t send a bill to the President before August.”

The bill includes a number of provisions in which Senator Salazar played a key role and which will directly benefit Coloradans, including:

  • Renewable Energy: The Senate’s Energy bill includes a provision to increase America’s ethanol use to 8 billion gallons by 2012, mirroring a proposal Sen. Salazar offered while the bill was in the Energy committee. Ethanol plants are planned for Evans and Windsor and Sterling. Senator Salazar was also a cosponsor of the amendment passed on June 16 establishing the nation’s first Renewable Portfolio Standard (RPS) to require 10 percent of America’s electricity be generated from renewable resources by 2020. Renewable resources include solar, hydropower and geothermal, as well as wind energy, such as that generated by the wind farm in Lamar. The proposal was similar to Amendment 37, the clean energy/ renewable portfolio standard approved by Colorado voters in 2004;

  • Colorado’s Coal Resources: The Senate’s Energy bill also includes coal legislation that will allow Colorado to better develop its clean-energy resources. Under Sen. Salazar’s amendment approved by the Senate on June 23, Colorado coal will now be included as part of a high-altitude (above 4,000 feet) test program for integrated coal gasification (IGCC) technology, a cleaner use of coal. Coal accounts for 80 percent of Colorado’s electrical needs;

  • Oil Shale: On June 23, the Senate unanimously approved Sen. Salazar’s oil shale development amendment. Aware of the boom-bust cycle of oil shale development on the Western Slope in the 1980s, Sen. Salazar carefully tailored his proposal to require the Dept. of Energy to work with Coloradans who will be affected by this effort. It requires the Dept. of Energy to develop a long-term plan for oil shale development and refuses to set mandatory timelines for development, preventing a repeat of the 1980s oil shale rush. Colorado’s oil shale is home to an estimated 1 trillion barrels of oil. By comparison, the Arctic National Wildlife Refuge (ANWR) contains 7.7 billion barrels of oil – one percent of Colorado’s oil shale reserves. Sen. Salazar’s oil shale legislation has been praised by Western Resource Advocates and the Wilderness Society; and

  • Tax Incentives: The Senate Energy bill included a number of tax incentives to benefit Colorado consumers, including a production tax credit for energy producers to promote clean energy development and a 20 percent investment tax credit for investments in clean coal technology, a $1,000 to $2,000 tax credit for contractors constructing energy-efficient homes and a 10 percent energy tax credit for homeowners making energy efficiency improvements to their homes, as well as expanded tax credits for alternative vehicles and electric vehicles.

“This bill is a win for Colorado consumers, Colorado’s rural communities and Colorado’s land and water. It is balanced and forward thinking and will help set America free from its dependence on foreign energy sources,” Sen. Salazar said. “I hope the House does not insist on putting in poison pills – as it has in the past – that will only serve to undo these wins for Colorado.”

The Energy bill has now been passed, in dramatically different forms, by the House and Senate. It next proceeds to conference committee to iron out differences before being voted upon a second time by both the House and Senate. If the House and Senate both approve the conference report, it will go on to the President’s desk for signature or veto.

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