President Obama has decided that the Gulf oil spill means we need to change the way we power our entire country, not just the way we regualte offshore drilling. Politico reports today that the next three weeks will be crucial to that effort, with the ball in the court of Senate Majority Leader Harry Reid:
The options will break down into three core elements, and the question will be how the leaders choose to combine them.
The first and easiest piece is a Gulf-spill response measure to reform offshore drilling and raise disaster liabilities on oil companies. “That one’s must-pass,” said Scott Segal, an energy lobbyist at Bracewell & Giuliani, echoing the sentiments of congressional staff members on both sides of the aisle.
The second element is a clean-energy bill that would require a boost in renewable electricity produced by sources such as wind and solar. A version of this bill, sponsored by Senate Energy and Natural Resources Committee Chairman Jeff Bingaman (D-N.M.),