The American Clean Energy and Security Act of 2009 goes to the House Floor for Debate Friday June 26th. I'll probably have more comments when I have a chance to compare the new version to the old.
June 24, 2009 4:30
On page 245, that they have added a clause requiring companies using the Title XVII Loan Guarantee Program created by the Energy Policy Act of 2005 to pay the "prevailing wage" for the project. Won't this greatly increase the cost of the projects using this program, since I understand the usual interpretation of "prevailing wage" is the union wage?
June 25, 2009 15:00
I just realized that most people don't know Title XVII is. Among other things it has 18 billion for nuclear power plant construction. I've also found analysis of Waxman-Markey at the The Breakthrough Institute, which I have linked below.
Text of Bill
http://www.eenews.net/public/25/11457/features/documents/2009/06/23/document_daily_03.pdf
Ny Times
http://www.nytimes.com/cwire/2009/06/23/23climatewire-house-dems-release-revised-climate-bill-as-f-15591.html
Wall Street Journal
http://online.wsj.com/article/BT-CO-20090622-716255.html
My previous comments
http://www.anupchurchchrestomathy.com/2009/06/waxman-climate-bill-and-war-on-trees.html
The Breakthrough Institute on Waxman-Markey
http://thebreakthrough.org/blog/waxmanmarkey_climate_bill/
Announcing the new and improved Atomic Insights
10 months ago
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