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November 18, 2003 | Daily Mislead Archive
Bush Drops Push for Energy Bill Provision That Would Help Solve Long-Term Reliability Issues
To read the complete article - with footnotes and links - click
on-- http://www.misleader.org/daily_mislead/Read.asp?fn=df11182003.html
Excerpt-- President
Bush praised Congress for passing his long-sought energy legislation, saying, "America will be safer and stronger with a national
energy policy that will help keep the lights on, the furnaces lit, and the factories running."1 But the energy
legislation now moving toward final passage is viewed by many experts as "minuscule compared to what needs to be done to have
any impact."2
When the legislation was revived in August after the blackouts across the Northeast and Midwest,
Bush dropped his insistence on a provision to grant the Federal Electricity Reliability Council (FERC) authority to "improve
the reliability of the interstate transmission system and to develop legislation providing for enforcement by a self-regulatory
organization subject to FERC oversight,"3 after "broad recognition that voluntary adherence with reliability standards
is no longer a viable approach in an increasingly competitive electricity market."4 ...
http://www.misleader.org/daily_mislead/Read.asp?fn=df11182003.html
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