As reported by the National Biodiesel Board
On Thursday, December 13, 2007, the U.S. Senate approved H.R. 6, the Energy Independence and Security Act of 2007, by a bipartisan 86-8 margin. The creation of a specific renewable requirement in the nation’s 60 billion gallon pool of diesel fuel has been a top priority for the U.S. biodiesel industry. H.R. 6 as approved by the Senate establishes this renewable requirement that will increase the domestic use of "biomass-based diesel" – including biodiesel – from 500 million gallons in 2009 to 1 billion gallons in 2012. View a summary of the expanded RFS proposal included in H.R. 6.
H.R. 6 will now be forwarded to the U.S. House for further consideration. In a statement issued on December 13, 2007, the White House Press Secretary indicated that if H.R. 6 as passed by the Senate is approved by the House and sent to the President, he will sign it into law. Read the White House statement. There is a high likelihood that the House will consider the measure during the week of December 17, 2007.
UPDATE!
Senate Passes Weaker Energy Bill
By JOHN M. BRODER
Published: December 14, 2007
WASHINGTON — Pared-down energy legislation cleared the Senate on Thursday by a wide margin after the oil industry and utilities succeeded in stripping out provisions that would have cost them billions of dollars.
The legislation still contains a landmark increase in fuel-economy standards for vehicles and a huge boost for alternative fuels. But a $13 billion tax increase on oil companies and a requirement that utilities nationwide produce 15 percent of their electricity from renewable sources were left on the floor to secure Republican votes for the package.
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Friday, December 14, 2007
US Senate includes biodiesel provisions in Energy Bill
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