New $15b Energy Bill Fuels Policy Debate
Posted on: Tuesday, 6 September 2005, 03:01 CDT
MEDIA WATCH
A new 1,700-page, $15 billion energy bill doesn't offer much near- term progress toward energy independence or relief from ultra-high gas prices. But it did provide plenty of fuel for special-interest groups, lawmakers, and the White House as they intensified the debate over national energy policy. Lost in the cross talk was some good news for consumers: tax credits for the purchase of certain appliances, hybrid vehicles, and home improvements.
Most frequent messages
1 Will do little in the short term to alleviate high gas prices or reduce foreign-oil dependence
2 Investing in domestic production of energy sources will lead to less foreign dependence
3 Gives billions of dollars in tax breaks and subsidies to energy companies and other industries
4 Does little to curb demand for gasoline or to promote renewable energy and conservation
5 Will take years to alleviate the problems of high gas prices and dependence on foreign oil
Based on an analysis of major-market news coverage appearing from August 8-10, 2005
Evaluation and analysis by Delahaye-a division of Bacon's Information
Copyright Haymarket Business Publications Ltd. Aug 22, 2005
Source: PRweek; U.S. ed.
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