Conservatives block landmark renewables law.

Senate conservatives “blocked a $32 billion package of tax breaks for renewable energy that would have been financed mostly by new taxes on major oil companies. Democrats came three votes short of overcoming a threatened GOP filibuster that was keeping the measure from being attached to a broader energy bill.”

UPDATE: The New York Times: “The oil industry and its supporters in Congress scored a big victory this afternoon as Senate Republicans blocked a package of tax breaks for renewable energy that would have been paid for by the major oil companies.”