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New energy law opened the curtain U.S. energy reform

 -- After repeated consultations, the U.S. House of Representatives Tuesday by 314 votes to 100 votes by an overwhelming majority for amending the new energy bill. 。 The new energy law is still the core of the U.S. auto industry in 12 years will be present to reduce vehicle fuel consumption of 40%.

 And an amendment before the energy method, the core of the new energy law remains unchanged.  That is, in 2020, the U.S. auto industry must reduce automobile fuel consumption of 40 percent, car should reach an average per gallon of fuel on the level of 35 miles.  This is the 1975 first time since the U.S. Congress to pass legislation raising automobile fuel efficiency standards.

 At the same time, the new energy bill also encourages the substantial increase in the use of fuel ethanol capacity to 2022 to reach 36 billion gallons. In addition, the new energy bill also requires increased energy efficiency and develop more stringent energy efficiency standards.

 And to amend the energy law than before, the new energy bill the oil companies to give up on the energy tax provisions, and the lifting of solar  energy, wind energy appointed trustee.  Laws before the energy requirements of the energy tax reform, abolition of the five major U.S. oil company to 13.5 billion U.S. dollars of preferential tax reduction, in turn used to promote the development of new energy sources and improve energy utilization, the bill was adopted by the House earlier this month.  However, when submitted to the Senate approval, the Democratic Party by one vote difference can not be passed.  Based on the oil companies, the Republican Party and the Bush administration's strong opposition, this provision was eventually removed, altered, the new energy bill has been approved by the Senate last week.

 Due to the energy law passed by the Senate and the House of Representatives, the current President Bush just signed approval.  In response, the White House has made it clear that Bush will approve the bill.  Once approved, the new bill will take effect immediately become law.
 Energy Act requirements for fuel efficient cars will make use of those savings 700-1000 dollars a year of fuel costs, to 2030, the U.S. demand for crude oil will decline 4 million barrels a day. According to the survey, with oil prices high, this year's U.S. gasoline demand fell the first time in many years.

 It is learnt that the Democrats-led by the new energy bill, many of the oil tycoon on behalf of the interests of the Republican vote in support of the House of Representatives.  This shows that the high oil prices under pressure, based on future energy security of common concern, various interest groups on energy issues have reached a consensus.  U.S. officials said the bill is passed U.S. energy policy is a "turning point", but also the history of U.S. energy use "landmark event", indicates that the energy reforms opened the curtain.


 

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