From Deseret News archives:
Energy bill is needless tax burden
President Bush's State of the Union message on energy was strong and realistic. The nation must strive for peaceful "energy interdependence," a blend of foreign and domestic energy, and a blend of energy sources: gas, oil, coal, bio-fuels and renewable sources. It will take the entire spectrum to meet our energy needs over the coming decades. It will take new technologies, such as clean coal and carbon sequestration.
The $21 billion tax package passed last year by the House of Representatives, then defeated by the Senate, would have done serious harm by stifling production and investment. The proposed taxes would not even go to rebuild our deteriorating national infrastructure; they would simply punish U.S. energy companies and be used on a variety of pork-like, speculative projects favored by some in Congress.
Energy production in eastern Utah is a growing and important part of our state's economy. We need the jobs and economic development, and our nation needs a robust domestic energy industry to meet future needs and to reduce our dependence on foreign oil. As we encourage Sen. Bennett to continue his good work in supporting our ongoing development, job creation and prosperity.
Sens. Howard Stephenson and Mike Dmitrich are members of the Utah Legislature.
Recent comments
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