This week the New York Times reported that the Senate is getting serious about energy policy in America:
In particular, Washington appears to be heading toward a “Renewable Electricity Standard” that New Mexico Senator Jeff Bingaman is advocating. Here is how the article described it:
“Last week, Bingaman said that he had reached a ‘general agreement’ on a RES, which requires utilities to supply increasing amounts of power from sources like wind, solar and biomass, but added he was not ready for an official announcement.”
This is an important step forward in energy policy in this country. The moment we stop subsidizing foreign dictators with our money is not a moment too soon. I’m not generally in favor of Washington regulations. But if the utilities are not going to invest in renewable energy, then perhaps they need a nudge.
The time has come for a change in energy policy in America.
