The American Power Act, or S.1733 is now here and viewable.
I think we can all agree that there does need to be exploration into safer, cleaner, more sustainable energy choices. Not only is it better for our environment, they are much better for a struggling economy (i.e. by promoting new industry). That does not mean that the reliance or need for petroleum and coal will magically disappear (nor should it), it just means that the market should understand that petroleum and coal (like most everything) are scarce resources. Most importantly, in the case of petroleum, it makes us dependent upon foreign markets and sources (sometimes people and places that go against what we stand for as a free and moral country).
My question is, how sustainable is this when we have to be “ordered” to make changes by a bill/act/government entity. I am the first to agree that there MUST be government regulations. I am the last to agree that government “regulations” should include incentives and punishments that intervene with free market activities. There’s a difference.
It will take us awhile to make it through all of the language in the bill, however, I urge you to be cautious, and to send us any information and ideas that you have, that may be helpful in understanding this new piece of legislation, as well as alternative solutions that are more reliant upon a free market with government regulations versus a government-run industry/market with “false” incentives.
– Tisha Casida