American Energy Act Unveiled

House Republicans unveiled the American Energy Act this week on June 10, 2009. The plan puts forth a pro-market agenda and attempts to fast track nuclear energy. It was developed by the American Energy Solutions Group, chaired by House Republican Conference Chairman Mike Pence (R-IN).

The American Energy Act is based on three principles of increasing production of American-made energy, promoting alternative and renewable energy, and encouraging greater efficiency and conservation.

The Act includes:

• increases the supply of American energy by immediately moving forward with a leasing program on the already open Outer Continental Shelf (OCS)

• alternative sources of energy, including nuclear power be used
(There are 104 nuclear reactors in America today, no new reactors have been ordered since 1978)

• tax incentives for businesses and homeowners who improve their energy efficiency

An important part of the energy solution is to make better use of the resources that lay beneath American soil- natural gas shale. Recovery and production of our domestic natural resources as a simple way to increase our supply of natural gas, while reducing our dependency on foreign oil.

Drop us a posting and tell us if you want the America Energy Act passed?

To read more about House Republicans’ American Energy Act, go to GOP.gov/energy.

C. Keddy