Attach

An effort by Senate conferees to attach an estimated $12 billion, 10-year package of energy tax credits and incentives to broad corporate cut tax legislation fell flat Tuesday.

Energy legislation will come to a head in the Senate this week, as Republicans are expected to try to attach the House comprehensive energy bill (H.R. 4) to the economic-stimulus package that is scheduled for debate on the floor, according to Capitol Hill observers.

With politicians and economists pointing fingers in various directions to attach responsibility for California’s electricity problems, the quarterly UCLA business school economic forecast last Thursday predicted a recession for the state, particularly in the north, driven largely by the electricity crisis. A separate analysis by the university and Cambridge Energy Research Associates (CERA) looked at two scenarios, advocating perhaps a different course than the one charted currently by the state.

With politicians and economists pointing fingers in various directions to attach responsibility for California’s electricity problems, the quarterly UCLA business school economic forecast last Thursday predicted a recession for the state, particularly in the north, driven largely by the electricity crisis. A separate analysis by the university and Cambridge Energy Research Associates (CERA) looked at two scenarios, advocating perhaps a different course than the one charted currently by the state.