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December 20, 2007
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, according to USA Today.
The wide-ranging energy bill, passed by the House on Tuesday and the Senate last week, also addresses energy standards for light bulbs and appliances.
"We make a major step ... toward reducing our dependence on oil, fighting global climate change, expanding the production of renewable fuels and giving future generations ... a nation that is stronger cleaner and more secure," Bush said at a ceremony at the Energy Department.
"If you drive a car or if you use a toaster or heat your home, this bill is going to save you money," says Brendan Bell, Washington representative of the Union of Concerned Scientists. The environmental lobbying group estimates the vehicle fuel economy changes will save consumers $22 billion a year starting in 2020. In the home, the energy efficiency provisions could save $400 billion in electricity and gas bills by 2030, the group says.
Posted by Peter C. T. Elsworth
at 11:15 AM to Fuel economy
, Government regulations
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