Bush signs bill boosting fuel standards

192869 Resource 107524 107631 107631 1198106304168 1198107540882 Controlled Bush Signs Energy Bill to Reduce Dependence on Oil

The landmark bill that Bush signed today is also aiming to increase efficiency standards and reduce GHG emissions.

The bill covers many topics, including reducing the US's dependence on foreign oil, increasing fuel efficiency standards, and increasing the usage of biofuels - all of which should reduce GHG emissions.The legislation requires automakers to increase fuel efficiency by 40 percent - bringing the industry average to 35 miles per gallon by 2020. It also ramps up production of ethanol use to 36 billion gallons a year by 2022.Congress on Tuesday gave final approval to the 822-page measure, sending it up Pennsylvania Avenue to the White House in a Toyota Prius hybrid. The American Council for an Energy-Efficient Economy has projected that the bill will reduce energy use by 7% and carbon dioxide emissions by 9% in 2030. The Washington think tank also has estimated it will save consumers and businesses more than $400 billion between now and 2030, "accounting for both energy cost savings and the moderately higher price of energy-efficient products." 9 application/xml false Bush energy GHG oil Bush signs bill boosting fuel standards President Bush signed into law Wednesday legislation that will bring more fuel-efficient vehicles into auto showrooms and require wider use of ethanol, calling it "a major step" toward energy independence and easing global warming. http://www.msnbc.msn.com/id/22326795/ Bush signs landmark energy bill 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. http://www.latimes.com/news/nationworld/nation/la-na-energy20dec20,1,3516223.story?coll=la-headlines-nation&track=crosspromo Mozilla/4.0 (compatible; MSIE 7.0; Windows NT 5.1; .NET CLR 1.1.4322; .NET CLR 2.0.50727; .NET CLR 3.0.04506.30; InfoPath.1) 127.0.0.1 127.0.0.1 cdarwin 216.70.255.194 false true false false true 205814 false false true false false false true 107524 blog blogsite/Enviance/web