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Page added on May 2, 2007
Senate may vote in May to slash gas use
The U.S. Senate may vote this month on legislation that aims to drive down gasoline demand by boosting the fuel economy of cars and trucks and increasing the use of nonpetroleum fuels like ethanol.
The Senate Energy Committee Wednesday sent to the full chamber a bill that targets gasoline demand – the biggest chunk of U.S. petroleum use. It also seeks to lower greenhouse gas emissions spewed into the atmosphere.
The bill cleared the committee by a vote of 20 to 3.
But environmentalist objects to bill classifying liquid coal as a biofuel.
May 2 2007: 5:46 PM EDT
WASHINGTON (Reuters) —
Under the proposal, the Energy Department would have to come up with a plan to reduce gasoline consumption by 20 percent by 2017, 35 percent by 2025 and 45 percent by 2030.
To help cut fuel use, the legislation would also authorize the Energy Department to issue loan guarantees for fuel-efficient vehicle manufacturers and related parts suppliers.
And with an eye toward weaning America off foreign oil, the legislation would increase the amount of ethanol and other renewable fuels used in motor vehicles annually to 8.5 billion gallons in 2008, steadily boosting it to 36 billion gallons by 2022.
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