In it's fourth round of voting in the House. The Energy Independence and Security Act of 2007 has cleared Congress and the House of Representatives. Now it's on to 1600 Pennsylvania Avenue for President Bush to officially sign the bill into law tomorrow. The bill passed through the House today with a vote of 314 to 100.
As many of you already know. The main importance of this bill was the Corporate Average Fuel Economy (CAFE) standards to rise to 35 mpg by the year 2020. Below we have attached official response from both Ford and Chrysler.
Source: Associated Press.
PRESS RELEASE:
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."
Press Release:
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."
Showing posts with label Fuel Economy. Show all posts
Showing posts with label Fuel Economy. Show all posts
Tuesday, 18 December 2007
Friday, 14 December 2007
Energy Bill passes Seneate. Bring on the green cars!
You know what they say. Third time's the charm. In late voting last night the Senate finally passed the Energy Bill by a vote of 86 to 8! The biggest tie up in the 1st and 2nd round of voting was a $21.8 Billion dollar new tax hike. Once that was removed, the bill passed almost unanimously.
The bill is now back on to the House to be voted on again since it had been changed. Though this should not prove to be be a problem. The White House has also agreed to sign this bill in to law once the House has approved it.
The core part of the bill is to raise the Corporate Average Fuel Economy(CAFE) to 35 mpg by 2020, and this remains. This means that we will start to see the first changes to CAFE standards since the mid-'80s.
There are already a number of automakers on board that can and will meet these new laws. GM, Chrysler, and VW are three of the largest. And are already developing new vehicles to meet these standards, along with exciting new Hybrids.
The bill is now back on to the House to be voted on again since it had been changed. Though this should not prove to be be a problem. The White House has also agreed to sign this bill in to law once the House has approved it.
The core part of the bill is to raise the Corporate Average Fuel Economy(CAFE) to 35 mpg by 2020, and this remains. This means that we will start to see the first changes to CAFE standards since the mid-'80s.
There are already a number of automakers on board that can and will meet these new laws. GM, Chrysler, and VW are three of the largest. And are already developing new vehicles to meet these standards, along with exciting new Hybrids.
By:
Austin
On 10:18
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