Wednesday, December 19, 2007

Congress Passes Energy Bill; Includes Expanded RFS

If new bill is signed into law by President Bush, it will be the first increase in fuel economy in 32 years.


WASHINGTON (AP) -- Congress by a wide margin approved the first increase in automobile fuel economy in 32 years Tuesday, and President Bush has signaled he will accept the mandates on the auto industry.

The energy bill, boosting mileage by 40 percent to 35 miles per gallon, passed the House 314-100 and now goes to the White House, following the Senate's approval last week.

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Also, read press release from National Biodiesel Board to learn about biofuels/biodiesel provisions in the Energy Bill.


UPDATE!
Bush Signs Landmark Energy Bill


By Richard Simon and Johanna Neuman
Los Angeles Times Staff Writers
8:42 AM PST, December 19, 2007

WASHINGTON -- President Bush today signed a landmark energy bill designed to cut U.S. dependence on overseas oil by imposing the greatest fuel efficiency standards in more than three decades and mandating a fivefold increase in the use of biofuels.

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