June 22, 2007

US moves for cleaner energy and transportation

Tax incentives for renewables are not dead A forbes article believes a $15 billion tax package will make its way into law to go along side the 10mpg icrease in car fuel standards by 2020. A boost in production of biofuels to 36 billion gallons annually in 2022 from the current production level of 6.3 billions per year today is also in the new Senate bill.

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