In Washington, the Energy Bill is expected to clear the House this week with a provision that extends, to 2020, the 1.2 mpg credit to car manufacturers for production of “flexible fuel” vehicles. The provision was scheduled to be phased out in 2010.
The bill is clearly in its final phases of negotiation, with final negotiations proceeding on restrictions on feedstocks and fuels to ensure they produce at least a 50 percent carbon dioxide reduction.
John Thune (R-South Dakota) said that Senate Majority Leader Harry Reid told him there would be an energy bill this year that would contain a 15 billion gallon ethanol mandate by 2015.
Free Subscription to the Daily Biofuels Digest e-newsletter
Related Stories
Iowans says flex-fuel vehicle sales increases “mostly a coincidence”; flex-fuel not a factor for car buyersEven in Iowa, E85 is tough to find, and the general manager of the East Central Iowa Cooperative said "I don't think flex-fuel even passes through someone's head when they are buying a vehicle around ...
European car makers struggle with tough new emissions targets; biofuels seen as critical to successA report on the German car industry published in the Globe and Mail highlighted their struggle to reconcile German engine performance standards with tough new EU emissions mandates. The EU has mandate...
Grassley, Cantwell introduce bill to extend biodiesel tax credit five years, switch credit to producer from blenderIn Washington, Senators Maria Cantwell of Washington and Charles Grassley of Iowa introduced a bill to extend the biodiesel tax incentive by five years. The Biodiesel Tax Incentive Reform and Extensio...
News Analysis: What the Energy Bill Means to YouPresident Bush said last January in the State of the Union speech that the United States was "addicted to oil", and proposed several remedies. Since then, there has been tremendous activity around a ...
US Senate votes to extend renewable energy tax credit, eliminates Tyson-ConocoPhillips “cleaner diesel” creditIn Washington, the US Senate passed an $18 billion package to extend the renewable energy tax credit, worth $18 billion per year to wind, solar, geothermal and biomass producers; the bill also include...
US House committee OKs $20 billion in energy incentives, credits: pump conversion, investment tax credit increases, extensionsIn Washington, the US House Ways and Means Committee approved a package of $20 billion in energy tax credits and incentives and cleared the way for the provisions to move to a vote on the floor of the...