Energy
We need
to implement smart, targeted national policies in
order to help unlock the full energy potential of
our state and protect South Dakota’s families
from rising energy costs.
I support
a comprehensive energy policy that includes support
for clean coal technology, domestic oil and gas exploration
and drilling, hydropower, increased use of renewable
fuels like biofuels and wind, enhancing energy transmission
from the Midwest, action to prevent energy market
manipulation or harmful speculation, and incentives
for energy conservation. I have supported efforts
to allow drilling in the Arctic National Wildlife
Refuge as well as on the Outer Continental Shelf,
when joined with more comprehensive policies, including
expanding the use of renewable fuels.
I have
also introduced legislation that would encourage and
incentivize the development and use of cellulosic
ethanol derived from woody biomass on federal lands,
like the Black Hills National Forest, and from private
forests as well. The bill would significantly broaden
the definition of cellulosic ethanol within the Renewable
Fuels Standard to include more biomass gathered from
federal lands.
Congress
has taken an important step to assist South Dakota’s
participation in the new energy economy through the
enactment of the American Recovery and Reinvestment
Act of 2009, which I supported. This package contains
$20 billion in tax incentives and relief to spur renewable
energy development and energy efficiency measures
that can benefit South Dakotans, including an extension
of the Production Tax Credit for wind through 2012;
enhanced tax credits for E85 and Biodiesel dispensing
equipment; about $4.5 billion to help modernize the
electric grid; up to $1.6 billion for Clean Renewable
Energy Bonds; and improved tax credits for installing
energy-efficient windows, doors, and insulation at
home.
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