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December 2, 2008 11:30:57 AM CST

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Energy Bill Passes House

Posted Dec 18, 07 2:31 PM CST in Politics 

(Newser) – The House approved a broad energy bill today that will increase fuel efficiency requirements for cars and trucks for the first time in 30 years and will boost ethanol production, Reuters reports. The bill, passed last week by the Senate after $13 billion in oil company taxes were excised, carried handily, 314-100. President Bush is expected sign it into law tomorrow .

The main feature of the bill, the Energy Independence and Security Act, is a requirement that US automakers produce a fleet-wide average fuel efficiency of 35mpg by 2020. The measure is intended to cut oil demand by 25 million barrels a day. The bill also legislates a five-fold increase in the production of ethanol, to 36 billion gallons, by 2022, and research incentives for alternative energy R&D.

Source Reuters

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A Poet ethanol plant in Chancellor, S.D. is shown in this Oct. 30, 2007 file photo. By mandating a boom in ethanol production from sources other than corn by 2022, the energy bill President Bush is expected...   (Associated Press)
Arvid Boe, a professor in South Dakota State University's plant science department, looks out from a field of switchgrass on the campus in Brookings, S.D. in this Monday, Dec. 3, 2007 file photo. By...   (Associated Press)
Jarrod Flores works on a dryer cover at an ethanol refinery being built by South Dakota-based Poet LLC in Portland, Ind. in this April 17, 2007 file photo. By mandating a boom in ethanol production from...   (Associated Press)
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George W. Bush • Congress • ethanol • fuel efficiency • green energy • energy bill


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