Domenici Opening Statement At Clean Energy Bank Hearing
Thank you, Mr. Chairman, for holding this hearing. To our witnesses, thank you for coming to share your expertise with us. With oil trading at more than $140 per barrel, countries and companies are investing in clean energy at unprecedented rates. According to a recent study from the United Nations Environment Program, new […]
Domenici Statement on President Bush Lifting Executive Moratorium on Offshore Drilling
WASHINGTON – U.S. Senator Pete Domenici, ranking member of the Senate Energy and Natural Resources Committee, today issued the following statement regarding President Bush’s announcement that he is lifting the Executive Moratorium on exploration in the outer continental shelf: “The American economy is being dragged down by high energy prices, and President […]
The Week Ahead (July 14-18)
On Tuesday, July 15, the full committee will examine legislation to improve the availability of financing for deployment of clean energy and energy efficiency technologies and to enhance United States’ competitiveness in this market. Specific bills to be considered are S. 3233, introduced by Sen. Bingaman, and S. 2730, introduced by Sen. Domenici. Witnesses include Andy […]
21st Century Energy Technology Deployment Act
21st Century Energy Technology Deployment Act Sen. Bingaman has introduced a bill that will increase the availability of financing for clean energy and energy efficiency technologies. A hearing on that bill — the 21st Century Energy Technology Deployment Act (S. 3233) — is scheduled for next Tuesday. Related legislation proposed by Sen. Domenici, S. […]
Finding the Path Forward on Climate Legislation
With high-level international talks this week on reducing greenhouse gas emissions, we think that Chairman Bingaman’s remarks this morning to NDN were especially well-timed. Bingaman’s speech highlights four strategies that have emerged to deal with the problem of global warming, and it lays out 10 principles that Bingaman thinks should be considered when Congress returns […]
Oil Shale
PREPARED BY THE SENATE ENERGY COMMITTEE – REPUBLICAN STAFF Oil Shale Background and Impacts What is oil shale? · According to the Argonne National Laboratory, “the term oil shale generally refers to any sedimentary rock that contains solid bituminous materials called kerogen that are released as a petroleum-like liquid when the rock is heated.” […]
Oil and Gas Leasing on the Outercontinental Shelf
PREPARED BY THE SENATE ENERGY COMMITTEE – REPUBLICAN STAFF Oil and Gas Leasing on the Outer Continental Shelf Background and Impacts How much oil is produced on the Outer Continental Shelf? · Oil and gas leasing activities take place on approximately 43 million acres on the OCS, which amounts to just 2.4 percent […]
Renewable Generation of Electricity
Good morning. It is good to be in Albuquerque again. I look forward to this morning’s hearing. It is on a topic that holds great hope for the nation and particularly for this part of the country. Today we are confronted by a number of difficulties that push us towards non-traditional sources of […]
The Week Ahead (July 7-11)
On Tuesday, July 8, the Subcommittee on Water and Power will consider the following bills: S. 2842, to require the Secretary of the Interior to carry out annual inspections of canals, levees, tunnels, dikes, pumping plants, dams and reservoirs; S. 2974, to provide for the construction of the Arkansas Valley Conduit in Colorado; H.R. 3323, […]
Domenici Statement on World Bank Climate Investment Funds
ALBUQUERQUE – U.S. Senator Pete Domenici, ranking member of the Senate Energy and Natural Resources Committee, today issued the following statement regarding today’s formal approval by the World Bank to create the Climate Investment Funds (CIF), a pair of international investment instruments designed to provide scaled-up funding to help developing countries mitigate […]