Tags: Economic- Crisis | Obama | energy | standard | plan

Rep. Hall Says Obama Energy Standard Plan Is Too Costly

Wednesday, 26 Oct 2011 07:33 AM

A House Republican committee chairman says the Obama administration’s proposal for a national clean-energy standard (CES) “amounts to an expensive new electricity tax on the American people.”
House Science, Space and Technology Chairman Ralph Hall made the comments Monday in response to an Energy Department analysis of the proposal, which Hall asked for after Energy Secretary Steven Chu told him at a hearing in March that a cost study on the proposal had not been done.
The report, prepared by the department’s independent Energy Information Administration, estimated what electricity generation costs and economic conditions would be like under various scenarios if Congress were to pass a national clean-energy standard.
According to a statement released by Hall, the report projects that generation costs would increase nearly 30 percent nationwide by 2035, amounting to an estimated $211 increase per year for the average household. The increase would be higher in certain regions, in some cases up to 61 percent, Hall noted.
“This report — prepared by independent government experts — makes clear that the CES amounts to an expensive new electricity tax on the American people,” the Texas Republican said. “With an anemic economy and unemployment stuck above nine percent, it is very troubling that the President continues to pursue an energy policy that would add billions to Americans’ energy bills.”
Hall said he found it “troubling that the president’s team didn’t bother to estimate the costs of his proposal before pursuing it. But now that we know the answer I hope the President will reconsider his effort to require Americans to buy more expensive electricity.”

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