Despite Dahlkemper’s ‘no’ vote, energy-climate bill passes
“Some would like to do more. Some would like to do less,” House Majority Leader Steny Hoyer, D-Md., said in advance of the final vote. “But we have reached a compromise ... and it is a compromise that can pass this House, pass that Senate, be signed by the president and become law and make progress.”
One of the biggest compromises involved the near total elimination of an administration plan to sell pollution permits and raise more than $600 billion over a decade — money to finance continuation of a middle class tax cut. About 85 percent of the permits are to be given away rather than sold in a ceoncession to energy companies and their allies in the House — and even that is uncertain to survive in the Senate.
The final bill also contained concessions to satisfy farm-state lawmakers, ethanol producers, hydroelectric advocates, the nuclear industry and others, some of them so late that they were not made public until 3 a.m. on Friday.
Supporters and opponents agreed the result would be higher energy costs but disagreed vigorously on the impact on consumers. Democrats pointed to two reports — one from the nonpartisan Congressional Budget Office and the other from the Environmental Protection Agency — that suggested average increases would be limited after tax credits and rebates were taken into account. The CBO estimated the bill would cost an average household $175 a year, the EPA $80 to $110 a year.
Republicans questioned the validity of the CBO study and noted that even that analysis showed actual energy production costs increasing $770 per household. Industry groups have cited other studies showing much higher costs to the economy and to individuals.
The White House and congressional Democrats argued the bill would create millions of “green jobs” as the nation shifts to greater reliance on renewable energy sources such as wind and solar and development of more fuel-efficient vehicles — and away from use of fossil fuels such as oil, gas and coal.
It will “make our nation the world leader on clean energy jobs and technology,” declared Rep. Henry Waxman, D-Calif., who negotiated deals with dozens of lawmakers in recent weeks to broaden the bill’s support.
Pelosi, D-Calif., took an intense personal interest in the measure, sitting through hours of meetings with members of the rank and file and nurturing fragile compromises.
At its heart, the bill was a trade-off, less than the White House initially sought though it was more than Republicans said was acceptable. Some of the dealmaking had a distinct political feel. Rep. Alan Grayson, a first-term Democrat, won a pledge of support that $50 million from the proceeds of pollution permit sales in the bill would go to a proposed new hurricane research facility in his district in Orlando, Fla.
“This is revolutionary. This is a moment in history,” declared Markey, a co-sponsor of the bill.
Republicans saw it differently.
This “amounts to the largest tax increase in American history under the guise of climate change,” declared Rep. Mike Pence, R-Ind.