We're starting to see the battle lines being drawn on the Energy debate in the Senate: Opponents of a Green Jobs/Energy bill are trying to scare people with false talk of increased retail electricity rates brought on by the bill that passed the House as the American Clean Energy and Security Act of 2009 (ACES) and is now being contemplated in the Senate. Ads from the National Republican Congressional Committee have already hit the air with this message.
This is an argument that we are thrilled to have. All of these attacks on energy reform efforts fail to take into account the existence of the Clean Energy Deployment Administration (CEDA)/Green Bank that was included in the House bill.
With a fully-funded Green Bank, we would actually see a decrease in retail electricity rates across the country, sparing consumers from rate hikes while smoothing the transition to a clean energy economy. Remember this the next time you hear an ominous voice on television telling you your electricity rates will increase under the Senate's efforts at energy reform. It won't happen with the Green Bank.
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