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Senate to revise House energy bill

WASHINGTON, Dec. 7 (UPI) -- Democratic leaders in the U.S. Senate plan to revise the energy bill after a vote to end debate on the version that passed the House failed Friday.

The vote will probably take place late next week, The Washington Post reported.

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The Senate is almost certain to drop a provision that would set a 15 percent quota for renewable energy on power generating companies. Tax provisions in the House bill might also go, although Sen. Max Baucus, D-Montana, the chair of the Finance Committee, said they are "an essential component" of the bill.

The 53-42 vote to close debate fell seven votes shy of the 60 votes needed to permit a vote on the House bill's passage.

The House, ignoring a veto threat from President George W. Bush, on Thursday passed an energy bill that would have raised automobile fuel-efficiency standards and would have required increased use of renewable energy sources to generate electricity. It would generate $21 billion in revenue over 10 years, largely through altering tax provisions for the nation's biggest oil companies.

House Speaker Nancy Pelosi, D-Calif., expressing disappointment at the Senate action, pledged to work with the Senate "to pass a strong energy bill and send it to the president's desk for his signature."

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