House Blocks Bid for Power Refunds

 

Jun 26 - Oakland Tribune

The House rebuffed a Democratic effort Friday to force regulators to order bigger refunds for electricity consumers in Western states who were victims of price gouging during the energy crisis of 2000 and 2001.

The move came shortly before the House approved a $28 billion measure financing energy and water programs for next year by a 370- 16 vote. The overall bill provides far less than President Bush proposed for building a nuclear waste storage facility in Nevada, none of what he wants to develop new nuclear weapons, and more than he sought for local water projects popular with lawmakers.

Rep. Anna Eshoo, D-Palo Alto, offered her election-year proposal to bolster federal energy regulators after recently released transcripts showed Enron Corp. traders crowing about manipulating power prices in California and elsewhere.

"This is an issue about greed, greed gone insatiably wild," she said, telling Republicans, "You have not used your power to bring restitution" to consumers.

But in a procedural move, the GOP-led House voted 209-182 against allowing a vote on her amendment. Republicans said her proposal was a political one that would do nothing to resolve problems such as shortages in power supplies that have built up for years.

"You can't come down here and beat your chest in 2004 because it's a presidential election year and try to rewrite history" by blaming Republicans, said Rep. Doug Ose, R-Sacramento.

Eshoo's proposal would have required the Federal Energy Regulatory Commission to order consumer refunds for the high power prices charged during the 2000 and 2001 energy crisis. It would have also forced the commission to open new investigations to pursue refunds and order reimbursements for any future manipulation.

By voice vote, the House approved one portion of Eshoo's plan -- requiring the commission to release documents relating to the 2000 and 2001 power crisis.

The overall bill provides $131 million for continued preparations for a nuclear waste storage site to be built at Yucca Mountain in Nevada, 90 miles northwest of Las Vegas.

Bush proposed $880 million for the project, which the government hopes to complete by 2010. But the bill ignores Bush's request to finance $749 million of the sum by taking it from a special nuclear waste fund, which comes from fees electric utilities charge their customers.

The House Energy and Commerce Committee approved legislation Thursday requiring that at least $750 million be taken annually from that fund for work on the Yucca facility. That bill's prospects are uncertain, especially in the Senate, where Sen. Harry Reid, D-Nev., the chamber's No.2 Democratic leader, opposes the Yucca plan.

The House-passed bill has $4.8 billion -- $700 million more than Bush -- for the Army Corps of Engineers and its dam, port, flood control and other water projects. While the bill finances no new studies or construction projects, it has money for hundreds of others from coast to coast -- and a noteworthy rebuke of the Bush administration by the GOP-controlled committee.

A report accompanying the bill says there is "an unwritten commitment on the part of Congress and the executive branch to meet the water resources needs of its citizens." Bush's request for water projects "demonstrates a surprising willingness ... to break such commitments," it says.

The bill has about the $9 billion Bush requested for the nation's nuclear weapons program.

But it lacks the $97 million he sought for several nuclear weapons initiatives. These include developing a "bunker buster" nuclear warhead that could penetrate underground targets, a low- yield small nuclear warhead, and a new plant for making plutonium triggers for the warheads -- and for accelerating nuclear bomb testing.

The measure also has less than Bush wanted for fuel cell technology, storage of high level nuclear waste, and efforts to help Russia secure its plutonium.

 

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