Senators Introduce Domestic Energy Bill
Senators Amy Klobuchar (D-MN) and Tim Johnson (D-SD) introduced legislation yesterday that “focuses on developing and deploying safe, reliable domestically grown and produced energy.”
According to the senators, the Securing America’s Future with Energy and Sustainable Technologies Act (SAFEST) establishes strong renewable energy and energy efficiency standards, incentives for developing biofuels and biofuel infrastructure, and targets for the availability of advanced vehicle technologies.
Specifically, the legislation would:
* Establish a strong renewable electricity standard of 25% renewable energy by 2025
* A strong energy efficiency resource standard (1 percent per year)
* A long-term extension of tax credits for ethanol and biodiesel
* New incentives for biofuels infrastructure and deployment
* Targets for the availability of advanced vehicle technologies
Ethanol organization Growth Energy praised the bill, which would provide incentives for blender pumps and pipelines, as well as flex fuel vehicles (FFVs). “Legislation that requires automakers to produce flex fuel vehicles and retailers to install blender pumps would provide more drivers with a choice of mid- and high-level ethanol blends and create thousands of good-paying green collar jobs that can’t be outsourced,” said Growth Energy CEO Tom Buis. He says the legislation also addresses the controversial concept of Indirect Land Use Change and provides equity by allowing all feedstocks that meet the 50 percent Green House Gas reduction requirements to qualify as an advanced biofuel.
2 Comments »
George Hawranik
Thank you for this, it would create a whole new enviornment out there for the sucess of Bio-diesel plants. We are in that industry and have seen that market lose thousands of jobs and investors have thier plants sit idle waiting for the legislature decide if the credit will be maintained 6 months after the previous credit expired.
What are they thinking, they are investing in wind and sun, unreliable and not profitable. Millions of trucks spew out contaminants every day and that could be dramatically reduced by mandates that actually enforce the 5-10% blends..Good luck with that, once again I expect nothing as congress uses no common sence at all….thanks for trying for which we are greatful.
Senator Reid Introduces Limited Energy Bill - Domestic Fuel
[...] jobs would come as a result of energy efficiency measures but the bill does not appear to support a Renewable Electricity Standard [...]
Comments RSS feed — TrackBack URI
Leave a Comment