Strict standards & lost opportunities with new energy bill: December 17, 2007.

Author:Scheer, Roddy
Position:THIS WEEK - Brief article
 
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For the first time in three decades, Congress has moved decisively to decrease America's oil dependency by raising fuel economy standards for new cars and trucks sold in the U.S. to 35 miles per gallon on average. The 40 percent increase over the current fuel economy standard is slated to cut oil demand by 1.1 million barrels a day when fully implemented by 2020.

The Senate passed its version of the energy bill containing the fuel economy provision December 13. The bill, however, was stripped of two important environmental provisions, one of which would have required utilities to get 15 percent of their electricity from renewable sources, and the other which would have eliminated huge tax breaks for oil companies. The two provisions were removed in...

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