Historic Energy Bill Passes House

Monday, June 29, 2009

One of the biggest energy acts in history was passed by the House of Representatives on Friday. The American Clean Energy and Security Act of 2009 boosts renewable fuels opportunities and requires major U.S. sources to reduce carbon emissions by 17% by 2020 and over 80% by 2050 compared to 2005 levels....The bill also boosts the renewable fuels industry by eliminating regulatory requirements that unfairly restrict U.S. renewable energy production. It also prevents the Environmental Protection Agency from holding U.S. biofuels producers responsible for land use changes in other countries, which has been a source of major controversy and debate in the ethanol and biodiesel industries. full story

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