Bush Signs Landmark Fuel Economy, Biofuels Bill

Koss, Geof
February 2008
Planning;Feb2008, Vol. 74 Issue 2, p54
Trade Publication
The article reports that the Energy Independence and Security Act has finally been approved by President George W. Bush of the U.S. The Act is introduced by House Speaker Nancy Pelosi and Senate Majority Leader Harry Reid. The Act is an energy bill that contains a historic increase in federal fuel economy standards. It also includes provisions to boost energy efficiency which includes sections targeting lightbulbs and building construction. Other than these, the bill is also designed to improve the federal renewable fuels standard (RFS). RFS' inclusion in the bill, however, has been questioned since it entails an increase in food prices as well once the corn market booms.


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