Senator Reid Introduces Clean Energy, Coral Reef, Home Star Bill
On July 27, 2010, Senator Reid (D) introduced the "Clean Energy Jobs and Oil Company Accountability Act of 2010". The bill would invest $5 billion in a Home Star retrofit rebate program and promote the manufacturing and deployment of clean…
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vehicles that use natural gas and electricity. The bill also has provisions on coral reef ecosystems and would make it unlawful for any person to destroy, take, cause the loss of, or injure any coral reef or any component thereof. The bill would hold BP and all the oil companies involved in the Gulf Coast oil spill fully accountable for the true costs of the damages they caused. The bill as introduced does not appear to include any international reserve allowance or border (import) tax provisions.