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House Republicans introduce energy bill

11 June 2009 — House Republicans are calling for a hundred new nuclear power plants to be built in the next two decades as part of new legislation they say is a better alternative than one championed by Democrats.

The bill unveiled by the GOP June 10 would not set mandatory targets for reducing greenhouse gas emissions or for producing electricity from renewable sources.

Republican leaders said they prefer incentives to switch to cleaner energy sources, rather than mandates that they say disrupt the economy.

The bill also would increase production of oil and gas offshore, fast-track refinery construction and establish a trust fund using oil and gas royalties to invest in renewable energy.

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