The underlying bill has a premise, which is that it is a good thing for the U.S. Government to foster the increased production of electricity through so-called renewable energy sources. Now, current law does that through a series of incentives--some tax breaks--to entities that develop windmill farms or solar energy production or other kinds of so-called renewable electrical energy production.
Discussing the Jeffords amendment and its implications for renewable energy incentives.
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Mr. Chairman, Representative Jacobs, the fact is that our current system has deteriorated and aged to the point that we wouldn't be confident in the deterrent value of it on out into the future.
Our responsibility is to be straightforward with you all. You're the ones that appointed us, you're the ones that we answer to.
It's enough that it's opportunistic. In other words, we're in a conflict with one, and the other sees that this is an opportunity.
We have to make decisions now to make sure that we have the capacity to build whatever we're going to need to build.
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