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Sponsored by around 30 lawmakers, including Senators David Vitter and Jim DeMint, the legislation would also amend the Clean Air Act so that carbon dioxide could not be regulated as a pollutant by the Environmental Protection Agency.
"Yesterday, the president offered some vague platitudes, but no concrete plans to rein in rising gas prices, even as they climb toward $4 per gallon," Senator Vitter said at a press conference.
The Republican bill, he told reporters, "would unleash our vast domestic energy potential to create American jobs, help free us from our reliance on foreign oil and begin to reduce our $14 trillion national debt."
Vitter said his bill would create more than 2 million jobs, $10 trillion in economic activity and $2 trillion in federal tax receipts over 30 years.
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http://www.reuters.com/article/2011/03/31/us-usa-republicans-energy-idUSTRE72U58D20110331?feedType=RSS&feedName=environmentNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2Fenvironment+%28News+%2F+US+%2F+Environment%29