let me give you the 10 reasons we should support the Kyl amendment. No. 1, the Bingaman amendment is the command-economy amendment, a 10- percent mandate, and the Kyl amendment is for State choice. No. 2, the Bingaman amendment is very costly, at $88 billion over 15 years and then $12 billion each year after that--paid for by the electricity consumers. If you would like to know how much your electricity consumers are going to be paying under the Bingaman amendment, I have all the information right here. You had better consult this before you vote against the Kyl amendment. No. 3, the Bingaman amendment is discriminatory. The Bingaman amendment provides that some areas subsidize people in other parts of country. No. 4, hydro is not included. Yet, of all the renewables, hydro is about 7 percent of the electricity production. The other renewables are only about 2 percent. No. 5, it will benefit just a few companies. According to the Energy Information Administration, wind is the only economical way to produce this power, and it is concentrated in just a few areas. Do you know who these few special interests are? You should find out before you vote against the Kyl amendment. No. 6, renewables are not reliable. If the Sun doesn't shine, if the wind does not blow, and if water doesn't flow, you don't get energy. But you do out of coal, gas, and nuclear. No. 7, we are already subsidizing the renewable fuels to the tune of $1 billion a year.
On the recordMarch 21, 2002
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govinfo.govEditor's note · Context
Discussing reasons to support the Kyl amendment over the Bingaman amendment.
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