I haven’t had a chance to look too much yet, but Frances Beinecke of NRDC says it’s weak tea on renewables.
That said, it will have to go to conference with the eventual Senate bill, and I predict one of two things will happen:
1. Falling gas prices will give Dems in conference committee some spine (don’t hold your breath, though);
2. If we’re real lucky, NOTHING will happen. That’s right. No bill before the election. Afterward, a lame-duck Congress can give the issue a better look. I mean, I doubt even Rex Tillerson’s got a bunch of extra mid-level offshore drilling rigs stashed away on rental hold, burning holes in some offshore driller pockets right now. There’s no time crunch of that level.
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