On September 21, 2010, U.S. Sen. Jeff Bingaman (D-NM) introduced a bill[1] that would create an insidious national “Renewable Electricity Standard” (RES). Bingaman now has 32 cosponsors but expects 60.
The bill would result in higher monthly bills for millions of home owners and renters, farms, businesses, industries, hospitals, educational institutions, and any other organization that uses electricity.
Despite the intense citizen displeasure with Congress, Bingaman’s RES bill shows that both Democrats and Republicans, while in Washington, are eager to favor special interests and their lobbyists while ignoring the adverse impact of their actions on the nation’s ordinary citizens, consumers and taxpayers. The bill belies Republican claims that they favor less federal government intrusion, control, and damage.
Key Provisions
The bill would require that, by 2021, 15% of the electricity sold by an electric utility must be generated from wind or certain other “renewable” energy sources, or from energy efficiency.…