Congressional leaders meeting in private to finish writing a far-reaching energy bill are piling in new provisions that largely benefit corporate interests.
In an effort to woo lawmakers and pass legislation by month's end, those leaders are offering a variety of enticements.
The final bill is likely to include $19 billion in tax breaks and incentives for energy companies; eliminate corporate liability for injuries caused by the problematic gasoline additive methyl tertiary butyl ether, or MTBE; and authorize using federal gasoline tax money to pay for the cleanup of underground storage tanks that leak dangerous chemicals. Under current law, owners of those tanks generally are required to pay for the cleanup.
Full story here
Oak
In an effort to woo lawmakers and pass legislation by month's end, those leaders are offering a variety of enticements.
The final bill is likely to include $19 billion in tax breaks and incentives for energy companies; eliminate corporate liability for injuries caused by the problematic gasoline additive methyl tertiary butyl ether, or MTBE; and authorize using federal gasoline tax money to pay for the cleanup of underground storage tanks that leak dangerous chemicals. Under current law, owners of those tanks generally are required to pay for the cleanup.
Full story here
Oak
