Rep. Markey - Energy Independence and Security Act

Rep. Ed Markey, Chairman of the Select Committee for Energy Independence and Global Warming, speaks in favor of the the Energy Independence and Security Act to put us on a path toward energy independence—to strengthen national security, lower energy costs, grow our economy and create new jobs, and begin to reduce global warming. Specifically, Congress is taking groundbreaking steps to increase the efficiency of our vehicles, making an historic commitment to American grown biofuels, requiring that 15 percent of our electricity come from renewable sources, and strengthening energy efficiency for a wide range of products, appliances, lighting and buildings to reduce energy costs to consumers. The energy bill repeals tax breaks for profit-rich oil companies, and invest that money in clean renewable energy and new American technologies. Not only would this reduce our dependence on foreign oil, the measure would also save consumers billions of dollars.