The U.S. House of Representatives has approved the Energy Independence and Security Act today by a margin of 235 to 181. The new energy bill was crafted on a compromise reached last week between Speaker of the House Nancy Pelosi (D-Calif.) and Rep. John Dingell (D-Mich.), and calls for an increase of the Corporate Average Fuel Economy standard to 35 mpg by 2020. Though the compromises contained in the bill, like keeping standards for cars and trucks separate, assured it a win in the House, it seems there's little chance of it surviving elsewhere. House Minority Leader John Boehner (R-Ohio) came right out and said the bill "clearly has no chance of becoming law." That's because the White House has already said it will veto the bill, which contains additional green policy that affects more than just CAFE standards.

The bill heads to the Senate next, where it will likely lose much of its teeth before being sent off to the President's desk for a possible veto. A number of automakers that have rallied against various forms of this bill have already made public statements that they'll put their best efforts forth to comply with whatever changes are made into law (read GM's statement here and Ford's after the jump), which means they sense the fight is ending and it's time start working on technologies to raise their fleet-wide fuel economy average.

[Source: Houston Chronicle]


PRESS RELEASE:

STATEMENT: FORD COMMENT ON HOUSE ENERGY BILL

The following is a statement from Ford Motor Company on the passage of the Energy Independence and Security Act of 2007 by the House of Representatives:

WASHINGTON, D.C., Dec. 6, 2007 -- "The House energy bill is an important step towards increasing the national fuel economy standard. It accomplishes our shared goal of reducing the nation's dependence on foreign oil and emissions of greenhouse gases.

While the new standards are aggressive, Ford is committed to providing our customers with the fuel efficient, clean, safe, high quality products they want and value.

It is a substantial improvement over the Senate energy bill passed in June, because it maintains the separation of cars and trucks, provides flexibility to manufacturers and encourages the production of flex fuel vehicles."