The Senate Finance Committee met June 12 to consider the impact of tax reform on domestic energy policy. The next significant vehicle for major energy policy is likely to be next year’s sweeping overhaul of the U.S. tax code, as billions of dollars in tax breaks to fossil fuel and renewable energy will be at stake, and some are beginning to consider whether to use the measure to advance a tax on gasoline or carbon dioxide. Chairman Jeff Bingaman (D-NM) praised some of the current tax policy for supporting important energy sectors, but called the system as a whole inefficient and filled with provisions that do not create jobs and should be jettisoned in any kind of corporate tax overhaul.