Republicans oppose broad US energy bill-McConnell

WASHINGTON, July 18 (BestGrowthStock) – Republicans “are happy” to
consider legislation tied to the BP Plc (BP.L: )(BP.N: ) oil spill
but will not support a U.S. energy bill that includes climate
regulations, Senate Minority Leader Mitch McConnell said on
Sunday.

Congress is considering several dozen bills to prevent
another disaster like the massive spill in the Gulf of Mexico
but broad legislation that would regulate greenhouse gas
emissions has stalled in the Senate.

“We are happy to look at oil spill legislation … There
are some things we can do (on an energy bill),” McConnell told
CNN’s “State of the Union” program when asked if his party
could support some of President Barack Obama’s agenda.

A climate change and alternative energy bill passed the
House of Representatives last year, with minimal Republican
support. It mandated a 17 percent reduction in greenhouse gas
emissions by 2020, from 2005 levels.

But McConnell said Republicans in the Senate would oppose
climate regulations in an energy bill, which he described as an
energy tax on the nation.

A scaled-back climate change bill that Senate Democrats are
considering would achieve far less than Obama promised at a
U.N. global warming conference last year — but even this may
be too much for Congress.

The White House has said an energy bill is a top
legislative priority this summer.

Without legislation, the Environmental Protection Agency
could go ahead early next year with new regulations on carbon
pollution that are already facing legal challenges.
(Writing by Paul Simao; Editing by John O’Callaghan)

Republicans oppose broad US energy bill-McConnell