After months of wrangling and negotiations by members of Congress and the Administration, President Bush signed into law Wednesday major energy legislation.In doing so, the President remarked:
"Today we make a major step with the Energy Independence and Security Act. We make a major step toward reducing our dependence on oil, confronting global climate change, expanding the production of renewable fuels and giving future generations of our country a nation that is stronger, cleaner and more secure."The new legislations give strong support to alternative fuels like ethanol. The goal is for the US to produce 36 billion gallons a year by 2022. The legislation also increases the average mileage standard to 35 miles per gallon by 2020.
UPDATE: YouTube Video of the Signing Ceremony
If you can't see the video, click HERE to go directly to YouTube.
Source: White House News Release
READ MORE
- US Congress Passes Historic Energy Bill
- Senate Passes Energy Bill
- EPA Sets a New Renewable Fuels Standard Mandate for 2008
Food and Fuel America.com
http://www.foodandfuelamerica.com
Good and Balanced Food and Fuel News!
No comments:
Post a Comment