The BOLD and the Biofuels
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Posted by Cindy Zimmerman – April 26th, 2006
Senator Kent Conrad (D-ND) is pushing a BOLD new energy initiative – BOLD, as in Breaking Our Long-term Dependence. Sen. Conrad introduced the legislation just before the spring recess and he talked about the details during this morning’s Senate Agricutlure Committee hearing on the future of biofuels. The BOLD act calls for “extending biodiesel and ethanol tax credits through 2013. It calls for increasing ethanol use from 4.7 billon gallons in 2007 to 30 billion gallons in 2025. It calls for all vehicles sold in the U.S. by 2017 to include alternative fuel technology such as hybrid electric or flex fuel systems.” Click here for the Senator’s full 5:00 remarks on the BOLD act.
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