CommunityPam's House Blend

The energy bill, by numbers

Yesterday the House approved a massive energy bill, which, as the AP reported, would send billions of dollars in tax subsidies to energy companies. Here is a good roundup, by the numbers from the good folks at Facing South:

INSTITUTE INDEX – Negative Energy

Cost of the “Energy Bill” Congress plans to pass this week: $80 billion

Amount inserted by Speaker Tom DeLay, after conference discussion had closed, for an oil project in his district: $1.5 billion

Amount included in bill for “risk insurance” for nuclear power plants: $2 billion

Amount included for a study of “irradiated fuel”: $250,000

Number of Congress members who admitted to knowing what this was after they approved the bill in committee: 0

Total subsidies to industry in the bill, mostly to oil, gas, coal and ethanol interests: $11.6 billion

Amount given by energy industry to political campaigns since 2000: $85.5 million

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Pam Spaulding

Pam Spaulding