Friday, June 22, 2007

Senate leader wants to revive energy tax package

(Reuters) - Late on Thursday, the Senate passed an energy bill that would raise the country's automobile fuel efficiency standards for the first time in 30 years and mandate a four-fold increase in ethanol use by 2022.




But the Senate dropped $32 billion in clean-energy incentives after Republicans objected to about $29 billion in extra taxes on big U.S. oil companies.


Read more at Reuters.com Government Filings News

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