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Latest Energy Independence and Security Act Stories

2005-07-28 04:29:28

By Julie Vorman WASHINGTON (Reuters) - The U.S. House of Representatives was set on Thursday to approve an energy bill packed with $14.5 billion in tax breaks and incentives and hailed by Republicans as a major change in U.S. energy policy. Environmental and consumer groups criticized the legislation as a giveaway to an industry enjoying record profits with crude oil prices near $60 a barrel, while spending little on ways to curb demand or encourage renewable energy. The bill will pass...

2005-07-26 16:44:33

By Tom Doggett and Chris Baltimore WASHINGTON (Reuters) - Congressional negotiators on Tuesday were set to finalize $11.5 billion in energy tax credits and incentives, setting the stage for the U.S. Congress to vote on a broad energy bill later this week. House of Representatives and Senate negotiators worked past midnight on Monday to complete the energy bill that aims to boost traditional oil, natural gas and electricity supplies while also promoting alternative energy sources. Cost...


Word of the Day
baudekin
  • A rich embroidered or brocaded silk fabric woven originally with a warp of gold thread.
'Baudekin' seems to be an alternative form of 'baldachin,' from the Italian 'Baldacco,' Baghdad, the city where the material was made.
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