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Democrats, however, say drilling would create jobs and strengthen local economies.

The bill also mandates that utility companies obtain 15 percent of their power from renewable sources by 2020.

On land, the bill would increase domestic oil production in Alaska by mandating annual lease sales in the National Petroleum Reserve in Alaska, which has an estimated 10 billion barrels of oil. Drilling in the adjacent Arctic National Wildlife Refuge would remain off-limits.

The proposal also would extend tax credits for wind and solar industries that are scheduled to expire this year.

To pay for the new tax incentives, the bill rolls back $18 million in tax breaks for the five largest oil companies. It also requires energy companies to pay billions of dollars in additional royalties from oil drilling in the Gulf of Mexico in the late 1990s.

This article is based in part on wire service reports.