BREAKING: House passes energy bill (again), President will sign into law tomorrow
The bill will now be delivered to President Bush who has said he will sign it into law tomorrow. Ladies and gentleman, drink up, we have a new energy bill.
UPDATE: Ford and Chrysler's official responses to the new energy bill added after the jump.
[Source: Associated Press, Reuters]
FORD COMMENT ON CONGRESSIONAL PASSAGE OF NEW CAFE STANDARDS AND THE ENERGY BILL
The following is a statement from Ford Motor Company on the final passage of the Energy Independence and Security Act of 2007 by Congress:
WASHINGTON, D.C., Dec. 18, 2007 -- "Ford has worked with lawmakers to enact nationwide requirements that provide a significant increase in fuel economy while protecting consumers' choices of cars, SUVs and light trucks. We are working to do our part to help reduce greenhouse gases and U.S. dependence on foreign oil.
This legislation will provide one clear requirement for increasing fuel economy and provide greater certainty for our product planning. Ford is committed to providing safer, more fuel efficient, quality products – in high volume – that customers want and value."
Statement from Robert Nardelli, Chairman and CEO, Chrysler LLC, Regarding New, Nationwide U.S. Fuel Economy Standards:
"We commend the Congress for passing an energy bill today and we fully support it being signed into law. Chrysler is committed to meeting the fuel economy standards of the bill and doing our part to reduce greenhouse gas emissions and our country's reliance on foreign oil. We continue to devote significant resources to develop quality, fuel efficient products that our customers expect. This year alone, we offer six vehicles that get 28 miles per gallon or better, and more are on the way."
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