Business Groups Make Pitches on Energy Legislation

The leaders of Chattanooga’s growing clean energy industry urged U.S. senators to adopt legislation that sets a price on heat-trapping carbon emissions and offers help for alternative energy sources.

AlstomThe leaders of Chattanooga’s growing clean energy industry urged U.S. senators this week to give them a boost by adopting legislation that sets a price on heat-trapping carbon emissions and offers help for alternative energy sources.

But with less than two weeks left on the Senate’s summer schedule before this fall’s elections, the prospects of a major energy bill this year appear to be losing steam.

“Unfortunately, I just don’t think that energy legislation is going to be addressed this year, ” U.S. Sen. Bob Corker, R-Tenn., a member of the Senate Energy and Natural Resources Committee, said Wednesday night.

Senate Democrats will huddle today to plot what, if any, energy bill they may try to bring to the Senate floor for a vote next week. Republicans have vowed to fight climate change legislation that includes a cap and trade provision like the one adopted in a House energy package a year ago by a 219-212 vote.

“Cap and trade will raise the cost of energy to all Georgians, the majority of whom get their electricity from coal-fired electric plants,” said U.S. Sen. Johnny Isakson, R-Ga.

Despite opposition to the House-approved cap and trade energy bill by the National Association of Manufacturers and other business groups, growing Tennessee energy businesses such as Alstom Power, Signal Energy, Aerisyn and Hemlock Semi-Conductor say they would benefit from such legislation.

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Source: Chattanooga Times Free Press
Photo: Dan Henry | Chattanooga Times Free Press