Is 2007 Bringing Us A "Do-Something" Congress?

Thu, 2007-01-04 10:12Ross Gelbspan
Ross Gelbspan's picture

Is 2007 Bringing Us A "Do-Something" Congress?

House Democrats are crafting an energy package that would roll back billions of dollars worth of oil drilling incentives, raise billions more by boosting federal royalties paid by oil and gas companies for offshore production, and plow the money into new tax breaks for renewable energy sources.

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There are enough articles on the “myth of peak oil” floating around the Internet to fill a book; and there are enough books on the subject to fill a small library.  One of the common threads throughout these publications is their lack of credible sources, because not only is peak oil real, but we’re rapidly approaching that threshold. 

An example that is smacking the United...

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