New fuel economy standards set 35 mpg limit by 2020
The new requirements are similar to measures proposed in the Senate energy bill passed in June, but the House rules keep standards for cars and trucks separate, something preferred by the automakers. It also assures that credits will be extended to automakers that produce E85-capable vehicles, something that was fought for hard by politicians and auto manufacturers alike despite the limited impact this alternative fuel has on either the environment or reducing this country's dependancy on foreign oil.
A House vote will take place on Wednesday to enact the 1,000-page bill.
[Sources: Detroit News, Wall Street Journal, Associated Press]
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