John Kerry
In Part 1 of this series, we explored the overall environmental issues that are facing the U.S., mostly as a part of coordinated attacks by politicians in Washington. In the next few articles, we’ll take a look at what each candidate has said or done in regards to both environmental and energy issues.
On October 30, 2011, Beacon Power Corp. (NCM: BCON) filed a voluntary petition in the United States Bankruptcy Court for the District of Delaware seeking relief under the provisions of Chapter 11 of the United States Bankruptcy Code.
As we’ve reported several times here on EnergyBoom, the United States’ congress failed to pass climate legislation this year, leaving the country without a solid, up-to-date plan for dealing with the threat of climate change.
Last week, Senate Majority Leader Harry Reid announced that, due to a lack of support, the American Power Act was being sidelined.
The GOP is up in arms because they believe that President Obama and the Democrat-controlled Congress are politicizing the BP oil spill in the Gulf of Mexico in an effort to pass climate change legislation through the Senate.
In a disastrous move on Tuesday evening, Senators John Kerry and Joseph Lieberman – the two sponsors of The American Power Act – bowed to big oil and voted against a provision that would have stripped $35 billion in tax breaks that the industry currently receives.
The American Power Act, unveiled by Senators John Kerry and Joe Lieberman less than a month ago, is already fighting for its political life.





