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(Jan 02, 2008) On December 19, President Bush signed into law a comprehensive energy policy law intended to increase energy efficiency and the availability and use of renewable energy. The legislation raises Corporate Average Fuel Economy standards for manufacturers' combined fleets of cars and light trucks to 35 miles per gallon, which manufacturers must meet by model year 2020. The law increases the level of renewable biofuels that petroleum refiners will be required to include in motor fuel and heating oil, including ethanol as well as biofuels derived from sources other than corn. The legislation also includes new energy efficiency standards for lighting and residential and commercial appliances, such as refrigerators and freezers. It includes various provisions intended to produce energy savings in residential, commercial, and government buildings. The statute provides for accelerated research and development in technologies enabling the use of solar, geothermal, and other renewable sources of energy. (Energy Independence and Security Act of 2007, Public Law No. 110-140, 121 Stat. 1492, available at http://frwebgate.access.gpo.gov/cgi-bin/getdoc.cgi?dbname=110_cong_bills&docid=f:h
|Author:||Luis Acosta More by this author|
|Topic:||Energy More on this topic|
|Jurisdiction:||United States More about this jurisdiction|
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Last updated: 01/02/2008