SB 106-16: Energy Cost Reduction Act of 2021 (Failed)

[Joseph Cao]

Section 2. Implementation, Costs & Appropriations

a. BE IT RESOLVED that the Congress of the Republic requests a creation of a regional Energy Authority, in coordination with utilities throughout the regions and with statewide power and electrical organizations.

b. This energy authority will develop a comprehensive 10-year infrastructure plan to reduce power costs by 25% in areas of the regions that endure extremely high electric and heating costs.

c. Be it FURTHER RESOLVED that Congress requests that the regional Energy Authority deliver a plan for the reduction of power costs in the region to the Senate by May 31, 2022, and notify the legislature that the plan is available.

d. The Congress hereby establishes a energy sustainability fund, this fund will be appropriated by  taxation on electric vehicles and tolls from federal highways to the amount of $50,000,000. Congress shall raise the gasoline tax at a rate of 0.01% to raise revenue for this initiative. This is projected to raise an additional $5,000,000,000 in revenue.

To incentivize production, with the average cost of production for electric vehicles being $19,000, the federal government shall subsidize electric vehicles at a rate of 1.7%, or $323 per unit, for the total cost of production. The total cost of the subsidies shall be $4,845,000,000.

Spark's amendment, as above, is adopted.

[WD]

Motioning for a final vote

[Senator-elect Spark]

Motioning for a final vote

Seconded.

[Joseph Cao]

24 hours to object to the motion.

[Joseph Cao]

A final vote is now open on the following:

AN ACT
To reduce energy costs for the average Atlasian

BE IT RESOLVED BY THE CONGRESS OF THE REPUBLIC OF ATLASIA

Energy Cost Reduction Act of 2021

Section 1. Purpose

1. This bill is to provide for a less costly energy grid because many areas of Atlasia precluded from benefiting from earlier efforts made by the federal government to invest in rural electrification throughout regions.

a) This bill will provide for interconnection of regional electrical grids are not interconnected to those in other states or territories, and many communities in the state have isolated microgrids.

b) This bill will fix the isolation of many electric systems throughout the regions. This means that consumers in communities served by those systems cannot benefit from a reduction in energy bills by utilizing lower-cost power from other areas of the state;

c) This bill is intended to lower the average retail price of electricity where in rural communities this is the highest. The average cost of electricity per capita is $3,891.

d) The bill, through the energy authority, will reduce high energy costs for heating, electricity, and transportation that have a multiplying effect, which increases the cost of all goods and services in rural communities.

e) Many residents in communities with the highest power costs are unable to shoulder the financial burden of developing large-scale power infrastructure without significant government investment;

d) The bill will establish for lower carbon emissions through the development of economically feasible renewable energy projects and investment in an electric vehicle charging network.

Section 2. Implementation, Costs, and Appropriations

a. BE IT RESOLVED that the Congress of the Republic requests a creation of a regional Energy Authority, in coordination with utilities throughout the regions and with statewide power and electrical organizations.

b. This energy authority will develop a comprehensive 10-year infrastructure plan to reduce power costs by 25% in areas of the regions that endure extremely high electric and heating costs.

c. Be it FURTHER RESOLVED that Congress requests that the regional Energy Authority deliver a plan for the reduction of power costs in the region to the Senate by May 31, 2022, and notify the legislature that the plan is available.

d. The Congress hereby establishes a energy sustainability fund. Congress shall raise the gasoline tax at a rate of 0.01% to raise revenue for this initiative. This is projected to raise an additional $5,000,000,000 in revenue.

To incentivize production, with the average cost of production for electric vehicles being $19,000, the federal government shall subsidize electric vehicles at a rate of 1.7%, or $323 per unit, for the total cost of production. The total cost of the subsidies shall be $4,845,000,000.

Section 3. Grant Criteria

a. A "grant" shall be defined as a sum of money awarded for an energy related project in any of Atlasia's regions.

b. These grants shall be categorical in nature by funding upgrades to Atlasia's regional energy grids, for projects to reduce carbon emissions, increase electrical grid inter-connectivity.

b. Grants can only be made available for energy-related projects that will have substantial impact or effect upon the electrical grid in each region.

c. Eligible entities: Grants can be allotted for subsidies or incentives to regional energy companies, nonprofits, or independent contractors

Section 4. Funding

a. The Congress of the Republic of Atlasia will appropriate $25,000,000 in grants to each region for the establishment of a regional energy authority; these grants shall be up for renewal every 5 years.

b. Hereafter, the Congress shall appropriate monies to the amount of an additional $20,000,000 to establish electrical vehicle charging stations across Atlasia's regions.

Senators, you know the drill. 72 hours to vote. Please vote Aye, Nay, or Abstain.

[Senator-elect Spark]

Aye

[Saint Milei]

nay

[West_Midlander]

Present

[WD]

Nay

[Dr. MB]

Nay

[OBD]

Nay

[Kuumo]

Nay

[Former President tack50]

Abstain

[DabbingSanta]

Nay

[If my soul was made of stone]

NAY

[Continential]

Nay

[Schiff for Senate]

Senator CentristRepublican will vote present on this bill.

[WD]

Final vote on the Energy Cost Reduction Act:

Aye (1): Spark
Nay (8: Ishan, Discovolante, Dabbing Santa, Kuumo, OBD, MB, Western Democrat, DeadPrez
Abstain (3): West Midlander, CentristRepublican, Tack
Not voting (6): North Carolina Yankee, Joseph Cao, Muaddib, Old School Republican, Pericles, S019

The bill is rejected.

[Senator-elect Spark]

Mr. PPT, I hope to reintroduce a reworked version of this bill in the new session as I deem it important for the citizens of our Republic.

[Southern Senator North Carolina Yankee]

Nay ftr


For many of the recently stated issues in relation to the budget (implementation not being specified as it relates to fiscal year etc), also the whole personal preference for paygo in bills.