Energy bill highlights
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Key provisions The energy bill, which the president plans to sign today, will make major changes in how the nation consumes fuel. Here’s a look at its key elements:* Vehicle mileage: Requires automakers to boost fleetwide fuel economy for cars and light trucks to 35 mpg by 2020. * Renewable fuels: Calls for a fivefold increase the amount of biofuels, such as ethanol, added to gasoline, to 36 billion gallons by 2022. * Light bulbs: Phases out most common types of incandescent light bulbs by 2020, and triples energy efficiency standards.* Greenhouse gases: Boosts federal research into ways to trap carbon dioxide emissions from power plants and store them in the earth. * Green federal buildings: Speeds up use of energy efficiency technologies and requires new or renovated buildings to use 55% less fossil fuel by 2010 and 100% less by 2030. * Geothermal power: Encourages new technologies and creates tax incentives to expand the use of energy drawn from the Earth’s heat.Source: H.R. 6, The Energy Independence and Security Act of 2007
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