Wednesday, September 24, 2003

Also from ENN, interesting shennannigans in governmental energy policy by the Fed:

Wednesday, September 24, 2003
By Tom Doggett, Reuters


WASHINGTON — Republican leaders trying to finalize a broad energy bill skipped requiring a boost in federal mileage requirements for cars, vans, and gas-guzzling sports utility vehicles. Instead, the lawmakers released draft language late on Tuesday that would order the Transportation Department to consider the impact on vehicle safety and autoworker jobs when deciding whether to raise fuel economy standards.

Environmental groups argue that stronger mileage requirements are the only way to significantly reduce U.S. dependence on foreign oil. However, Republicans and some automakers say that a large boost in fuel economy may make vehicles less safe because they would be smaller and built from lighter-weight materials, and they could result in thousands of lost autoworker jobs.

Nonetheless, the draft bill requires the Transportation Department to study and report back within a year on the feasibility and effects of significantly reducing the amount of fuel used by automobiles by 2012.

Separately, the lawmakers proposed...(Read on in: U.S. energy bill skips raising fuel standards)

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