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Friday, June 22, 2007

Senate pushes US energy policy in new direction

Senate pushes US energy policy in new direction | csmonitor.com

Washington - An 11th-hour Senate compromise over fuel-economy standards has paved the way for comprehensive legislation that pushes US energy policy in a new direction.

Unlike two years ago, when Congress passed incentives to increase production of oil and gas in its energy bill, this time it is emphasizing renewable fuels and conservation.

After the Senate's 65-27 vote approving the bill Thursday night, the House of Representatives is developing its own energy strategy including elements that fell out of the Senate bill such as tax incentives for renewable fuels and a renewable electricity mandate.

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