NEw York Times:
Published: July 28, 2005

The energy bill that has been six years in the making and is nearing the president's desk is not the unrelieved disaster some environmentalists make it out to be. But to say, as President Bush undoubtedly will, that it will swiftly move this country to a cleaner, more secure energy future is nonsense. The bill, approved by a House-Senate conference early Tuesday morning, does not take the bold steps necessary to reduce the nation's dependence on foreign oil, and it also fails to address the looming problem of global warming.


These shortcomings are chiefly the fault of the White House and its retainers in the House. To be sure, the Senate showed no more courage than the House in its refusal to increase fuel-economy standards for cars and trucks, even though higher standards, by common consent, are the easiest, quickest and most technologically feasible way to reduce oil demand and cut foreign imports.

But the Senate did approve a renewable fuels provision requiring power plants to produce 10 percent of their electricity from nontraditional sources, like wind power, by 2010. It also approved a provision that would ask the president to reduce domestic oil consumption by one million barrels a day by whatever means he chose. The House conferees rejected both proposals.

Meanwhile, both houses conspired in some spectacular giveaways. One would ease environmental restrictions on oil and gas companies drilling on public lands. The other would shower billions in undeserved tax breaks on the same companies, even as they wallow in the windfall profits produced by $60-a-barrel oil. ...