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For Immediate Release:
12/6/2007
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Environment Rhode Island Applauds U.S. House for Approving Energy Bill

For Immediate Release: Thursday, December 06, 2007

Environment Rhode Island Applauds U.S. House for Approving Energy Bill

Statement of Environment Rhode Island Advocate Matt Auten:

“For years we have been urging Congress to follow the lead of states like Rhode Island in helping to create a new energy future by enacting policies to promote renewable energy and to make new cars go further on a gallon of gas. Today the U.S. House responded today by passing 235-181 a landmark energy bill that mandates electric utilities get 15% of their energy from renewable energy sources by 2020 and increases the fuel-economy of new cars and trucks to an average of 35 miles per-gallon by 2020."

"Environment Rhode Island applauds Rep. Kennedy and Rep. Langevin for supporting this measure to promote clean energy and save oil, and we hope that the Senate will act to approve the same bill in the near future making this a truly green holiday season."

Highlights of the bill include:

Promoting Clean Energy by following the lead of half the states to establish a national renewable electricity standard, requiring utilities to produce 15% of their electricity from renewable energy sources by 2020. The bill also extends renewable energy production tax credits for four years and investment tax credits for 8 years. A national renewable electricity standard will substantially reduce global warming pollution while sparking a clean energy boom across the U.S. According to a recent analysis by Environment America, renewable energy development in states with RES policies is already boosting local economies by luring new manufacturing and other skilled jobs.

Reducing U.S. Dependence on Oil by increasing fuel economy standards for cars and light trucks to 35 mpg by 2020. This would be the first meaningful increase in fuel economy standards in more than 15 years. The provision replaces the current standards with an attribute-based system that gives the auto industry tremendous compliance flexibility by allowing for different mileage requirements per vehicle size. The standards in the Senate bill would save 1.2 million barrels of oil a day in 2020, save consumers $25 billion at the gas pumps, and substantially reduce global warming pollution. With oil prices continuing to set new records above $80 a barrel, Americans want new standards and more efficient vehicles now.

Saving energy by adopting strong energy-efficiency incentives and standards. Both the House and Senate bills contain legislation that would help Americans save energy in their homes and businesses. These policies include appliance and lighting efficiency standards, tax incentives, and building codes.

 

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