I will give my colleagues a little history and background because I do not think there has been an awful lot of identification as to the credit and penalty costs associated with the renewable portfolio standard. I commend the majority leader for his work, our staff, and the Senator from Wyoming as well. What I think we have done is, first of all, we have made some progress. We have debated an amendment that would have mandated a 20 percent renewable. I believe that was by Senator Jeffords. We have, I think, by amendment, strengthened the energy bill, and I think it is time, in view of the amendment offered by Senator Craig, to again highlight some of the specifics so each Member's office and each Member understands the significance of what this renewable portfolio means to them or their own individual constituents. Oftentimes we get enamored with the reality that the renewable is free; it is a renewable. Therefore, it really does not cost us anything, and as a consequence we ought to get aboard and support it.
Editor's note · Context
Discussing the renewable portfolio standard and its implications during Senate floor debate.
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